Inside the Australian and New Zealand book industry

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Perpetual acquires The Trust Company

Perpetual, manager of many private charitable and philanthropic foundations in Australia, including the Kibble and Dobbie Literary Awards, has acquired The Trust Company, which manages the Miles Franklin Literary Award, reports Business Spectator. Perpetual has entered an arrangement with The Trust Company to acquire 100% of its shares, with The Trust Company’s board unanimously recommending the proposal. The Trust...

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Category: In brief