KKR Sets Its Sights on Perpetual: A Bold New Bid for the Fund Management Giant

KKR Sets Its Sights on Perpetual: A Bold New Bid for the Fund Management Giant
3 months ago

In a move that has sent ripples through the financial sector, global investment firm KKR & Co. Inc. has reportedly made a renewed bid to acquire Perpetual Limited, an Australian fund manager. This development carries significant implications for both firms, as KKR seeks to expand its footprint in the wealth management sector.

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Massive Tax Liability Hits Perpetual After KKR Acquisition Deal

Massive Tax Liability Hits Perpetual After KKR Acquisition Deal
5 months ago

In a startling development within the financial landscape, Perpetual Limited, a prominent Australian investment management firm, is grappling with a staggering $314 million tax payment triggered by its recent acquisition agreement with KKR & Co. Inc. The agreement, heralded as a pivotal move to fortify Perpetual's growth ambitions, has now resulted in unforeseen financial repercussions that could reshape its operational strategies moving forward.

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