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April 29 (Reuters) - Australia's Perpetual said on Monday it had entered into exclusive talks with global buyout giant KKR & Co for the potential acquisition of the financial services firm's corporate trust and wealth management business.
The potential deal would signify a further expansion of KKR's investment management footprint in Australia, whereas it would also see Perpetual turning into a asset management business. Perpetual didn't disclos...
>>> Read more: UPDATE 2-Perpetual in talks with KKR for corporate trust and wealth management unit sale
April 29 (Reuters) - Australia's Perpetual said on Monday it had entered into exclusive talks with global buyout giant KKR & Co for the potential acquisition of the financial services firm's corporate trust and wealth management business.
The potential deal would signify a further expansion of KKR's investment management footprint in Australia, whereas it would also see Perpetual turning into a asset management business. Perpetual didn't disclos...
>>> Read more: UPDATE 2-Perpetual in talks with KKR for corporate trust and wealth management unit sale
