BUZZ-Australia's Perpertual falls on ending deal talks with KKR
ReutersFeb 24, 2025 1:42 AM
Shares of financial services firm Perpetual PPT.AX fall 3.5% to A$22.930
Co announces that it has terminated talks with KKR KKR.N for the A$2.2 billion ($1.78 billion) sale of its wealth management and corporate trust units
Co adds it was "determined to pursue a sale of the wealth management business"
Stock on track for steepest intraday pct drop since December 10, 2024
Stock up 14.7% YTD, including session's moves
($1 = 1.5706 Australian dollars)
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