Perpetual kills off plan to sell trust and wealth unit to KKR
The 139-year-old conglomerate had proposed the sale to the private equity giant more than a year ago. It will try to sell wealth management separately.
Australia's Perpetual ends talks with KKR on $1.4 billion sale of wealth, trust units
Australia's Perpetual Ltd has terminated talks with KKR for the A$2.2 billion ($1.4 billion) sale of its wealth management and corporate trust units and said it would pursue a sale of its wealth management business separately.
Perpetual secures revised offer from KKR for wealth and corporate trust units
Negotiations on the financial details of the updated proposal are ongoing, with shareholder profits still to be finalised.
Perpetual weighs revised KKR proposal for Corporate Trust and Wealth Management units
Perpetual’s negotiations over the sale of its corporate trust and wealth management units to Kohlberg Kravis Roberts could be close to ending, as KKR put forward an improved proposal at the weekend.
Australia’s Perpetual Ends Talks With KKR Over $1.39B Asset Sale
Australia’s Perpetual ended talks with KKR about a potential asset sale to the U.S. buyout firm, and will instead look to hold onto its corporate trust unit.
Perpetual to Pursue Wealth Management Sale, Rejects KKR Deal
Perpetual Ltd. said it will pursue the sale of its wealth management business after rejecting the latest offer from KKR & Co., as the Australian financial services firm attempts to lure new offers.
Perpetual confirms renewed KKR interest, terms ‘uncertain’
Perpetual’s response to reports of a revived deal to sell its trust and wealth units to KKR has left shareholders in the dark ...
KKR submits fourth bid for Assura plc at a premium
LONDON - Kohlberg Kravis Roberts & Co. L.P. (KKR), a global investment firm, has submitted its fourth indicative non-binding proposal to acquire all issued and to be issued share capital of healthcare ...
KKR assessing options after Assura rejects four takeover bids
Private equity giant Kohlberg Kravis Roberts (KKR) confirmed on Monday that it has submitted four non-binding proposals to ...
The UK6d
Assura board rejects four takeover offers from private equity giant KKR
Altrincham-based healthcare property group, Assura, has received a preliminary, unsolicited approach from American private ...
Assura rejects fourth takeover proposal from US private equity giant KKR
London-listed property and GP surgery owner Assura has rejected a fourth takeover proposal from US private equity giant ...
The Independent7d
Doctors’ surgeries owner rejects £1.56bn takeover approach
London-listed property and GP surgery owner Assura has rejected a fourth takeover proposal from US private equity giant Kohlberg Kravis Roberts, which valued the firm at £1.56 billion (Anthony ...
Moneyweb6d
ASSURA PLC – Statement re Possible Offer from Kohlberg Kravis Roberts & Co. Partners L.L.P. (“KKR”)
The Board of Assura plc (‘Assura’ or the ‘Company’) notes the announcement from KKR yesterday relating to the indicative, non-binding proposal that it submitted to the Assura Board on 13 February 2025 ...
Investment Week6d
Assura's share price jumps 12% after fourth KKR bid rejection
UK REIT Assura's share price jumped by around 12% today (17 February), according to data from the MarketWatch, after the investment trust rejected a fourth takeover bid by Kohlberg Kravis Roberts (KKR ...