• Perpetual outlined a binding deal to sell Wealth Management to Bain Capital Private Equity for AUD 500 million cash at completion, with potential additional cash payments of up to AUD 50 million at completion and up to AUD 50 million two years later.
• Targeted completion set for Q4 CY2026, subject to regulatory approvals including FIRB and ACCC.
• Net proceeds earmarked for debt repayment, with pro-forma net debt to EBITDA expected at about 0.2x following completion, factoring in transaction, separation, tax, and other adjustments.
• Transaction and separation costs expected at AUD 30 million post-tax over 12-18 months, with estimated tax of AUD 45-50 million.
• Post-sale structure expected to focus on Asset Management and Corporate Trust, with 1H26 metrics showing market cap AUD 2.1 billion, revenue AUD 697.9 million, diluted EPS on UPAT 97.1 cps.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perpetual Limited published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.