Breakfast Deals: Perpetual prized

The Trust Company looks likely to favour Perpetual as its preferred suitor, while Rod Sims has some words of warning for Telstra.

A share price bounce and a helpful independent report from Ernst & Young have made Perpetual firm favourite to win The Trust Company over rival bidder Equity Trustees. Meanwhile, Adam Internet probably won’t have to wait long before a suitor takes Telstra’s place, Billabong International has pressed the ‘go’ button on its Altamont deal and Fortescue Metals Group’s perceived need to sell a minority stake in its infrastructure has eased after yesterday’s production report.

The Trust Company, Perpetual, Equity Trustees


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles