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(Reuters) - Australia's Perpetual Ltd on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while confirming plans to pursue a sale of its wealth management business separately.
The deal with KKR, which was initially announced in May last year, was deemed to be not in the best interests of shareholders by an independent expert.
"Board has determined that the value and terms of those revised proposals, including the various conditions includ...
>>> Read more: Australia's Perpetual ends talks with KKR on sale of wealth, trust units
The deal with KKR, which was initially announced in May last year, was deemed to be not in the best interests of shareholders by an independent expert.
"Board has determined that the value and terms of those revised proposals, including the various conditions includ...
>>> Read more: Australia's Perpetual ends talks with KKR on sale of wealth, trust units
