Financial Standard3h
Perpetual profits dented after KKR deal goes up in smoke
Perpetual's net profit after tax (NPAT) crumbled because of its simplification program, strategic review, and the fallout from its dead KKR deal.
KKR to rue the day it missed out on 139-year-old Australian asset
The reality is Perpetual and KKR’s deal died on December 9, when the Australian Taxation Office refused to grant it rollover ...
Failed KKR deal hits Perpetual profit
Perpetual has posted a 65 per cent plunge in net profit, largely due to its strategic review, failed scheme of arrangement ...
No Deal: Perpetual shares slide as KKR offer terminated
Perpetual shares have dropped from the open today as the company's potential deal with KKR is called off. Let's dive in.
Financial Standard3d
Perpetual calls off KKR deal
Perpetual has ended KKR's courtship of its wealth management and corporate trust operations, blaming the massive tax bill the transaction would incur, saying there was no way of getting around it.
Perpetual walks away from KKR deal
Perpetual has walked away from its $2.18bn break-up deal with KKR after rejecting the private equity giant’s last-ditch offer ...
capitalbrief6h
Perpetual reports 65% drop in first-half profit as KKR termination costs weigh
Fund manager Perpetual reported a 65% slide in first-half net profit to $12 million, impacted by a $25.5 million impairment ...