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(Bloomberg) -- Australian wealth management firm Perpetual Ltd. rejected a A$1.7 billion ($1.08 billion) takeover offer from a consortium comprising EQT AB-backed Barings Private Equity fund and Australian portfolio manager Regal Partners Ltd.
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>>> Read more: Australiaâs Perpetual Rebuffs $1.08 Billion Consortium Offer
Most Read from Bloomberg
Powell Sees Higher Peak for Rates, Path to Slow Tempo of Hikes Lottery Winner Keeps $30 Million Jackpot Secret From Wife and Child How a Mysterious China Screenshot Spurred $450 Billion Rally Russia Resumes Ukraine Grain-Export D...
>>> Read more: Australiaâs Perpetual Rebuffs $1.08 Billion Consortium Offer