10 November 2022 13:20
Perpetual has received another non-binding proposal from BPEA Private Equity and Regal Partners which it has rejected.
The revised offer increased from $30 per share to $33 which Perpetual said “continues to materially undervalue the company” in an update to the ASX.
In a separate update, Pendal confirmed to the market this morning it will continue Perpetual’s proposed acquisition of Pendal.
BPEA Private Equity, Pendal, perpetual, Regal Partners
Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, a pair of AMP investment executives told the Professional Planner Managed Accounts Decoded podcast.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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