KKR & Co. Inc. (NYSE:KKR) inked a deal to acquire Perpetual’s wealth management and corporate trust businesses for AU$2.175 billion (~$1.43 billion). KKR will acquire the businesses through a Scheme of Arrangement (Scheme), and net proceeds will be returned to shareholders. The proceeds will be determined after paydown of Perpetual Group debt, along with separation and transaction costs and including customary business-specific net debt adjustments at completion.  Perpetual also announced the retirement of its CEO and Group Managing Director Rob Adams. The deal came 16 months after Perpetual acquired smaller fund manager ...