Perpetual Ltd ASX:PPT:
PERPETUAL REJECTS NON-BINDING INDICATIVE PROPOSAL
RECEIVED NON-BINDING ACQUISITION PROPOSAL FROM WINDFLOWER PTE
INDICATIVE PROPOSAL OFFERED A$21.64 CASH PER SHARE
BOARD DETERMINED PROPOSAL DID NOT REPRESENT FAIR VALUE FOR SHAREHOLDERS
INDICATIVE PROPOSAL WAS HIGHLY CONDITIONAL AND DID NOT ADEQUATELY REPRESENT FAIR VALUE FOR PERPETUAL SHAREHOLDERS