annb0t
Top 20
(Reuters) -Australia's Perpetual Ltd on Monday confirmed it received an indicative buyout offer from KKR & Co but said the latest revised proposal and its value were not accurately described in recent media reports.
A A$2.2 billion ($1.40 billion) deal with the buyout giant has been on the back burner over the past two months after Perpetual received a much higher-than-expected tax bill, along with higher liabilities and lower shareholder returns.
Media reports over the weekend stated KKR had ...
>>> Read more: Australia's Perpetual confirms fresh bid from KKR
A A$2.2 billion ($1.40 billion) deal with the buyout giant has been on the back burner over the past two months after Perpetual received a much higher-than-expected tax bill, along with higher liabilities and lower shareholder returns.
Media reports over the weekend stated KKR had ...
>>> Read more: Australia's Perpetual confirms fresh bid from KKR
