EQT AB increases its takeover offer for Australian investment manager Perpetual Ltd. to around A$2.6 billion (about $1.8 billion), according to Bloomberg and Investing.com. The higher bid is presented as a revised offer compared with EQT’s earlier proposal, with the sources aligning on the updated offer size and the approximate currency conversion. The reporting covers the value of the offer rather than changes to other deal terms, such as structure, timing, or conditions. The transactions are focused on Perpetual’s acquisition by EQT, a deal that requires approval steps typical for corporate takeovers, though the specific process details are not provided in the excerpts. Both outlets frame the development as EQT returning with a higher offer, indicating an attempt to improve the attractiveness of the bid for Perpetual’s shareholders.
EQT raises its takeover offer for Perpetual to about $1.8 billion
EQT AB increases its takeover offer for Australian investment manager Perpetual Ltd. to around A$2.6 billion (about $1.8 billion), according to Bloomberg and Investing.com. The higher bid is presented...
- EQT AB raises its takeover offer for Perpetual Ltd.
- The revised offer is about A$2.6 billion (approximately $1.8 billion).
- Both sources describe the move as an increase from EQT’s prior offer.
- The reporting focuses on the updated deal value rather than additional terms.
- The deal involves the acquisition of Australian investment manager Perpetual.
EQT AB sweetened its takeover bid for Australian investment management firm Perpetual Ltd. to around A$2.6 billion ($1.8 billion).
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