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Perpetual wealth sale progresses as talks extended

Perpetual has extended its deal with Bain Capital regarding the sale of its wealth management division.  It was announced in November that the two firms had entered into an exclusivity agreement in order “to progress discussions” between the parties.   Bain Capital is a US private investment firm specialising in private equity and venture capital, with US$185 billion ($290 billion) in assets under management and offices in Melbourne and...

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