The Perpetual board was eager to update the market at its third quarter update on Wednesday but was body blocked by its advisory team
It’s curtains for Perpetual’s mooted divestment of wealth and corporate trust business – bar one or two pressing issues.
Perpetual’s board is set to provide a detailed update to the market about its strategic review on May 8.Sources said the Perpetual board was eager to update the market at its third quarter update on Wednesday but was body blocked by its advisory team which pointed out that it was impossible to dot the I’s and cross the T’s by then.
David Lang heads KKR’s Australian private equity team which has seen a raft of departures and is well-overdue an exit.
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