Wealth and Asset Management
JO Hambro Capital parent accepts $2.5bn Perpetual bid
Perpetual’s revised offer for JO Hambro Capital Management (JOHCM) parent Pendal has been accepted, Citywire Australia reports. The scheme implied an equity value for Pendal of $2.5bn (£2.1bn) and an enterprise value of $2.3bn, based on Perpetual’s undisturbed share price on 1 April 2022. An undisturbed share price — based…
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