Perpetual rejects revised EQT takeover offer, shares slump 15%
Australian investment firm Perpetual rejected a revised takeover offer from Swedish private equity firm EQT, stating the bid undervalued the company. Following this rejection, Perpetual's shares experienced a significant 15% decline. The rejection and the reason for it were announced by Perpetual itself.
2 articles from 1 outlet covered this story. The underlying claim is sourced from a press release.
What do all outlets agree on?
1 outlet covered “Perpetual rejects revised EQT takeover offer, shares slump 15%”. All of them report the following:
- Perpetual rejected a revised takeover offer from EQT
- Perpetual cited undervaluation as the reason for rejection
- Perpetual's shares slumped
Which outlets covered this?
All 2 articles found on this story, grouped by the stance of the piece. Every link goes to the original publisher.
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