KKR to Acquire Perpetual’s Wealth Management and Corporate Businesses in $1.4 Billion Deal
Wednesday, 8 May 2024, 02:51
KKR's Strategic Acquisition
KKR, a global investment firm, is set to acquire Perpetual's wealth management and corporate businesses in a substantial $1.4 billion deal. The acquisition marks a strategic move by KKR to expand its presence in the financial services industry.
CEO's Transition
CEO Rob Adams will retire after the deal's completion, marking the end of his tenure. The transition is expected to be orderly, ensuring continuity in leadership for both companies.
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