Perpetual Ltd
PPT: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.? | LOCK|^W | LOCK|MZ<CyNj |
Perpetual: Board Waves Off New Takeover Proposal and We're Not Surprised
Perpetual received a proposal from Windflower, indirectly controlled by private equity firm EQT, to acquire the company via a scheme of arrangement for AUD 21.64 per share. The board subsequently rejected this proposal.
