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Perpetual rejects EQT AB’s improved takeover offer, ends talks

Perpetual said EQT-controlled Windflower made a third all-cash proposal and Perpetual rejected it, ending its engagement with EQT AB.

PPTEQT

Australian investment manager Perpetual said it has rejected a third takeover proposal from EQT AB, ending its engagement with the Swedish private-equity provider. 50 Australian dollars.