EQT Raises Perpetual Bid to About A$2.6 Billion, or A$22.50 a Share

3-line summary

• EQT has raised its offer for Australia's Perpetual to about A$2.6 billion, or A$22.50 a share, according to the report.
• That is about 2% above the A$22.07-per-share proposal disclosed earlier this month, and about 4% higher than EQT's original offer.
• Perpetual's board said it is reviewing the revised approach with its financial and legal advisers and has not yet formed a view or made a recommendation to shareholders.

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