KKR to buy Perpetual's corporate, wealth units for $1.4 billion; CEO Adams to retire
) would acquire its wealth management and corporate trust businesses for A$2.18 billion , sending the Australian financial services firm's shares to a five-month low.
Shares of the Australian company fell as much as 6.5% to A$22.47, as of 0134 GMT, to hit their lowest since December 5. The company was recently active in the M&A market, with suitors both local and overseas looking to cash into the fund manager.
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