Expert says Perpetual's KKR deal could cost shareholders up to $529M in new taxes.

An independent expert has concluded that Perpetual's deal with KKR is no longer in the shareholders' best interest due to a surge in tax liabilities. The potential tax bill could reach $493 million to $529 million, reducing the estimated cash proceeds to shareholders from $8.38 to $9.82 per share to $5.74 to $6.42 per share. Despite the setback, both companies are continuing to work together on the deal.

3 months ago
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