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KKR Insight: Acquisition of Perpetual’s Wealth and Trust Divisions for $1.4 Billion | Explained

KKR has finalised the acquisition of the wealth management and corporate trust branches of Perpetual Ltd., an Australian fund management firm, for $1.43 billion.

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid
FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid

This deal marks the end of an extensive negotiation period and represents a strategic enhancement to KKR’s portfolio.

The agreement, announced on Wednesday, enables Perpetual

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