Home / Business and Economy / EQT Sweetens Bid for Perpetual

EQT Sweetens Bid for Perpetual

15 Jul

Summary

EQT AB raised its takeover bid for Perpetual.
The new offer values Perpetual at A$2.50 billion.
Perpetual had previously rejected a lower bid.

As of July 15, 2026, Swedish private equity firm EQT AB has presented a revised, non-binding takeover proposal to Australia's Perpetual. This latest offer enhances the financial terms, valuing the financial services provider at A$2.50 billion.

This move follows an earlier rejection by Perpetual of EQT's initial bid, which was valued at A$2.45 billion. The increased offer signifies EQT's persistent interest in acquiring the company.

The development indicates ongoing negotiations between the two entities. Perpetual's board will likely consider the new, higher offer.

($1 = 1.4310 Australian dollars)

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.