Massive Tax Liability Hits Perpetual After KKR Acquisition Deal

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.

Continue reading