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To escape Pendal merger, Perpetual will have to pay

The NSW Supreme Court on Thursday ruled Perpetual would be on the hook for more than just a $23 million break fee should it abandon its bid to takeover rival fund manager Pendal Group, likely scuttling recent advances by a Regal Partners-led consortium for Perpetual itself.
Lachlan Buur-Jensen | 18th Nov 2022 | More