MWP May 8: Perpetual breakup, while the ASX lifts π€
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One of Australia's oldest financial services companies will be broken up after a $2.2 billion deal for Perpetual by KKR was agreed to.
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More Australian beef exporters regain access to the Chinese market; BHP canβt close a deal to takeover Anglo American; markets alter chances of rate hikes after inflation data; small businesses sink their teeth into AI; the media becomes the news in a very busy week; a John Lennon guitar sells...
So much for covering the news β the media IS the news, with News Corp, the ABC, Nine Entertainment and Seven all making waves this week.
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