Perpetual mounts $2.4b takeover bid for Pendal - Sydney Morning Herald


4/3/2022 12:00:00 AM3 years 1 month ago
by Charlotte Grieve

The Sydney investment giant has mounted a takeover bid for Pendal, in a deal that could create a fund manager with $200 billion in assets.

Investment firm Perpetual has mounted a $2.4 billion takeover bid for asset manager Pendal, in another industry merger that could create a global investment powerhouse with more than $200 billion in … [+2290 chars]

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