Perpetual Limited (AU:PPT) has released an update.
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Perpetual Limited has announced complications in its proposed acquisition deal with KKR for its Wealth Management and Corporate Trust businesses due to potential tax liabilities. The company is in ongoing discussions with KKR to address these issues but has not advised any immediate action for shareholders. This development is crucial for investors keeping an eye on potential shifts in Perpetual’s business landscape.
For further insights into AU:PPT stock, check out TipRanks’ Stock Analysis page.