Wealth and Asset Management
KKR to acquire Perpetual's wealth management, corporate businesses for $1.4 billion
Perpetual has agreed to sell its corporate trust and wealth management businesses to buyout firm KKR in a deal worth more around 2.18 billion Australian dollars (US$1.44 billion). The Australian financial company said Wednesday that it had concluded a strategic review, which would see it become a standalone, global multi-boutique…
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Click here to read the full story: Morning Star