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](https://krugmaninsights.com/wp-content/uploads/2023/10/3VIX4OV2KVJARHNJBWULXKCFZQ-1-1024x683.webp)
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