Acquiring Company
EQT
Acquired Company
Perpetual Limited
PittsburghOtherEnergyOil And GasFinancial ServicesSoftwarePaymentsFinanceVenture CapitalAngel InvestmentDescription
EQT has entered a non-binding agreement to acquire Perpetual Limited but the latter's board has rejected the current bid. Originally valued at $2.5 billion, the bid has seen multiple revisions, now standing at $22.50 per share. Perpetual is open to other proposals and remains in discussions regarding the deal.
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Based on deal dataFrequently asked
Who acquired Perpetual Limited?
Perpetual Limited was acquired by EQT, based in Pittsburgh. The deal was reported on August 27, 2026. The firm has made more than 40 investments in the sector over the past two decades, with around 20 investments during the past five years. EQT is publicly traded (EQT) and operates in Other.
When did EQT acquire Perpetual Limited?
EQT's acquisition of Perpetual Limited was reported on August 27, 2026. EQT has entered a non-binding agreement to acquire Perpetual Limited but the latter's board has rejected the current bid. Originally valued at $2.5 billion, the bid has seen multiple revisions, now standing at $22.50 per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Perpetual Limited do?
Perpetual Limited is a global multi-boutique asset management business, emphasizing relevant asset management expertise, clearer lines of accountability, agility, and faster decision-making in the service of their clients. It is privately held.
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