Straits Times Index
3,274.70 -25.34 (-0.77%) Nikkei
38,288.15 -546.95 (-1.41%) Hang Seng
18,472.17 -7.20 (-0.04%) FTSE 100
8,313.67 +100.18 (+1.22%) Bitcoin USD
62,893.95 -326.30 (-0.52%) CMC Crypto 200
1,300.68 -64.44 (-4.72%)
KKR May 2024 93.000 put
| Previous close | 0.2400 |
| Open | 0.3500 |
| Bid | 0.0000 |
| Ask | 0.8000 |
| Strike | 93.00 |
| Expiry date | 2024-05-03 |
| Day's range | 0.2400 - 0.3500 |
| Contract range | N/A |
| Volume | |
| Open interest | 415 |
ReutersKKR to buy Perpetual's corporate, wealth units for $1.4 billion; CEO Adams to retire
Perpetual also announced the retirement of its CEO and managing director Rob Adams, bringing an end to a months-long strategic review of the company. The deal comes 16 months after Perpetual acquired smaller fund manager Pendal in a deal worth $1.6 billion and is now being demerged with KKR buying the corporate and wealth management units.
- Reuters
UPDATE 3-KKR to buy Perpetual's corporate, wealth units for $1.4 bln; CEO Adams to retire
Perpetual said on Wednesday that buyout giant KKR & Co would acquire its wealth management and corporate trust businesses for A$2.18 billion ($1.43 billion), sending the Australian financial services firm's shares to a five-month low. Perpetual also announced the retirement of its CEO and managing director Rob Adams, bringing an end to a months-long strategic review of the company. The deal comes 16 months after Perpetual acquired smaller fund manager Pendal in a deal worth $1.6 billion and is now being demerged with KKR buying the corporate and wealth management units.
- Reuters SG
Deals of the day-Mergers and acquisitions
** Brazilian pulp and paper company Suzano has approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter. ** Luxembourg-based investment firm L-GAM is exploring options to divest its stake in premium outerwear maker Woolrich International, two sources close to the matter told Reuters. ** A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13 straight quarters of losses, CNBC reported.
