close
MENU
How to guide
How to guide
Home
NBR Marketplace
The NBR List
NBR Video

Categories

General Business Investment Economics Te Ao Māori Politics Infrastructure Australia Tech & Innovation Finance Law Professional Services Primary Industries Retail Property Deals Aviation News Comings & Goings

Analysis

All Economy Matters Edwards on Politics Hunter’s Corner Last Word Margin Call On the Money Shoeshine Underarm NBR Focus

Featured

Podcasts Morning Brew The Grind Entrepreneurs Your Business Beehive Banter Toil & Trouble Market Outlook Dollars & Sense Private Bin Audio Articles NZ Aviation News Back Issues Opinion (Archive) NBR Radar (Archive) NBR Rich List (Archive)
Australia
2 mins to read
3

Perpetual to be broken up and acquired by KKR in A$2.2b deal

Private equity firm acquiring the 138-year-old brand’s wealth and corporate trust businesses, leaving asset management side without a name.

KKR’s other Australia investments include MYOB, Laser Clinics Australia, and Colonial First State.

Dan Purves Wed, 08 May 2024

The board of ASX-listed financial powerhouse Perpetual is recommending shareholders accept an offer by private equity firm Kohlberg Kravis Roberts & Co (KKR) for it to be split up into three separate businesses: a standalone, global multi-boutique asset management business; a wealth management

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
View terms and conditions.
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Subscription

NZ$29.95 / monthly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Dan Purves Wed, 08 May 2024
Contact the Writer: dpurves@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
M&A KKR Perpetual
Company profile
Powered by: asx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Professional Services

‘Hold and wait’: M&A activity slumps to three-year low
Investment

BHP’s A$60b merger may kick off sector-wide M&A drive

Australia

Jarden Australia proves the skeptics wrong with maiden profit
Investment

Kiwi Steelmasters acquired by ASX-listed Coventry for A$42m
Investment

Boral flips on Seven’s takeover offer
Australia

Australia shakes up merger policy to boost competition
General Business

KKR’s latest US$6.4b infrastructure fund has Kiwi bent
Company profile
Powered by: asx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Professional Services

‘Hold and wait’: M&A activity slumps to three-year low
Investment

BHP’s A$60b merger may kick off sector-wide M&A drive

Australia

Jarden Australia proves the skeptics wrong with maiden profit
Investment

Kiwi Steelmasters acquired by ASX-listed Coventry for A$42m
Investment

Boral flips on Seven’s takeover offer
Australia

Australia shakes up merger policy to boost competition
General Business

KKR’s latest US$6.4b infrastructure fund has Kiwi bent
Perpetual to be broken up and acquired by KKR in A$2.2b deal
Australia,
103968
true
Subscribe Login