Swedish private equity giant EQT has created a fresh drama for Perpetual with a self-destructing private equity bid designed to pressure punch-drunk investors.

Swedish private equity giant EQT has created a fresh drama for Perpetual with a self-destructing private equity bid designed to pressure punch-drunk investors.

EQT has returned with a paltry 2 per cent bump and – more annoyingly – asked the board not to disclose its latest bid.

EQT has returned with a paltry 2 per cent bump and – more annoyingly – asked the board not to disclose its latest bid.