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An update from Perpetual Limited ( (AU:PPT) ) is now available.
Perpetual Limited has rejected a further revised, non-binding and indicative takeover proposal from EQT’s affiliate Windflower Pte. Limited to acquire all of its shares via a scheme of arrangement at A$22.50 per share, concluding the offer is not in the best interests of shareholders. The board, advised by BofA Securities and Mallesons, will nevertheless provide EQT with limited non-public information on a non-exclusive, confidential and standstill basis to explore whether a higher-value, more acceptable proposal can be formulated.
The company stressed that granting information access does not ensure a binding or recommendable offer will emerge and told shareholders they need take no action at this stage. Perpetual reaffirmed confidence in executing its existing strategy, including its Simplification Program, reliance on diversified earnings from Corporate Trust and Asset Management, and the sale of Wealth Management, and said it will continue to update the market in line with continuous disclosure obligations ahead of its FY26 results release on 27 August 2026.
The most recent analyst rating on (AU:PPT) stock is a Hold
with a A$18.40 price target.
To see the full list of analyst forecasts on Perpetual Limited stock,
see the AU:PPT Stock Forecast page.
More about Perpetual Limited
Perpetual Limited is an ASX-listed global financial services firm with a multi-boutique asset management platform, wealth management and trustee services operations, and a corporate trust business. The group owns several specialist asset management brands, serves high-net-worth clients, not-for-profits and private businesses, and provides trust and debt market services from offices in Australia, Asia, Europe, the U.K. and the U.S.
Its wealth management arm operates under brands such as Perpetual Private, Fordham and Jacaranda Financial Planning, while its corporate trust division services managed funds and debt markets and is expanding a digital and markets offering. The diversified earnings profile across Corporate Trust and Asset Management underpins the company’s strategy, which includes a Simplification Program and the planned sale of its Wealth Management business.
Average Trading Volume: 286,986
Technical Sentiment Signal: Hold
Current Market Cap: A$2.18B
For detailed information about PPT stock, go to TipRanks’ Stock Analysis page.