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Perpetual To Sell Wealth Management Business To Bain Capital

M&A & RestructuringPrivate Markets & VentureCompany FundamentalsManagement & Governance

Perpetual Limited (PVQ.F) has agreed to sell its Wealth Management business to Bain Capital Private Equity. Monitor for deal economics, timing and intended use of proceeds to assess impact on Perpetual's capital position, earnings mix and valuation.

Analysis

Perpetual Limited (PVQ.F) has agreed to sell its Wealth Management business to Bain Capital Private Equity. Monitor for deal economics, timing and intended use of proceeds to assess impact on Perpetual's capital position, earnings mix and valuation.

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