EQT raises Perpetual buyout offer to A$2.6B (US$1.8B)
What's the deal? Sweden's EQT ABDealroom has a profile for this one. Try Dealroom → has raised its takeover offer for Australian investment and trustee group PerpetualDealroom has a profile for this one. Try Dealroom → to around A$2.6 billion (about US$1.8 billion), Perpetual said.
The terms: EQT's revised offer of A$22.50 per share is about 2% above its prior A$22.07 bid made in early July 2026. Perpetual's board said it has not yet formed a view on the merits of the further indicative proposal and is making no recommendation to shareholders for now.
Why it matters: Perpetual, one of Australia's oldest investment managers, has been reshaping its portfolio: in early 2026 it agreed to sell its wealth management unit to Bain CapitalDealroom has a profile for this one. Try Dealroom →. A completed EQT deal would take the group private and mark one of the larger private-equity moves into Australian asset management.
Image credit: Vidur Malhotra
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