Perpetual rejects EQT AB’s improved offer; takeover talks end
Perpetual said it rejected EQT-controlled Windflower’s US$2.6 billion takeover proposal and stopped engaging with the Swedish private-equity provider, ending the pursuit.
6 billion takeover proposal and has stopped engaging with the Swedish private-equity provider, ending EQT’s pursuit of the Australian investment manager. On Monday, Perpetual said EQT-controlled Windflower had put forward an all-cash offer for the company.