Jul 1, 2026 – 3.10pmPerpetual Limited’s confession on Wednesday morning that it was vetting a change of control transaction has sent investors into a tizzy.Perpetual CEO Bernard Reilly. Oscar ColmanSarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Private equity bigwig comes calling for Perpetual’s leftovers
Swedish private equity giant EQT Partners, advised by Barrenjoey Capital Partners, had been working up a bid for the $1.7 billion Perpetual which is taking counsel from Bank of America.
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