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Morningstar unsure if KKR's Perpetual bid benefits shareholders

BY ANDREW MCKEAN | THURSDAY, 9 MAY 2024 12:46PM

Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday.

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Read more: Perpetual, KKR, Morningstar, Wealth management, Corporate trust, Citi, Shaun Ler

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