EQT AB Raises Takeover Bid for Perpetual to A$2.55 Billion (US$1.78 Billion)

July 27, 2026

Swedish private equity firm EQT AB increased its takeover offer for Australian financial services company Perpetual to A$2.55 billion (about US$1.78 billion). Perpetual said it has not made a recommendation to shareholders regarding the revised bid, which remains conditional, including completion of Perpetual’s planned sale of its wealth management unit to Bain Capital.

Targets
Perpetual Limited
Location
New South Wales, Australia
Transaction Type
Buyout

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