The Perpetual Ltd (ASX: PPT) share price is in focus after the company revealed it has received a revised non-binding, indicative takeover proposal at $22.07 per share from EQT AB, up 2% from the previous offer.

What did Perpetual report?

• Received a revised non-binding indicative proposal from EQT AB to acquire Perpetual at $22.07 per share
• The offer is 2% higher than EQT AB’s original proposal of $21.64 per share
• Proposal remains conditional on several factors, including sale of Wealth Management to Bain Capital
• No shareholder action required at this stage

What else do investors need to know?

The new proposal from EQT is not yet binding and is subject to a range of conditions. These include completing the sale of Perpetual’s Wealth Management arm to Bain Capital, thorough due diligence, successful negotiation of binding agreements, and regulatory approvals.

Notably, EQT’s proposal states it would be withdrawn if disclosed. Despite this, Perpetual’s board has decided it is in shareholders’ best interests to be informed right away, demonstrating a focus on transparency.

What’s next for Perpetual?

Perpetual’s board and advisers are thoroughly evaluating the revised offer. However, there is no certainty a binding deal will be made or that any transaction will go ahead. In the meantime, the board remains confident in its ongoing business strategy, particularly the simplification program and the value of its diverse earnings.

Perpetual has committed to keeping shareholders and the market updated in line with its disclosure obligations. Investors are encouraged to stay tuned as the company updates on any major developments.

Perpetual share price snapshot

Over the past 12 months, Perpetual shares have declined 9%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 2% over the same period.

View Original Announcement

The post Perpetual receives sweetened $22.07 EQT AB takeover bid appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Betashares is paying its next lot of distributions (dividends) for its ASX exchange-traded funds (ETFs) today.

It’s been a memorable dividend season for ETFs, with some mega payments from funds invested in international shares and miners.

Six ASX ETFs are paying a 10%-plus dividend yield in a single payout this season.

Currency-hedged ETFs have delivered particularly well, with hedging magnifying returns by up to 10x in some cases.

Own other ETFs?

Here are the finalised distribution amounts for this season.

If you own Vanguard ETFs, see this season’s final distributions here.

Interested in VanEck ETFs? View final distributions here.

If you’re invested in iShares ETFs, see final distributions here.

Invested in Global X ETFs? Find out final distributions here.

The post Own NDQ, GAME, or other Betashares ASX ETFs? It’s pay day for you! appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX energy stock Amplitude Energy Ltd (ASX: AEL) has fallen significantly in 2026. 

It is an energy exploration and development company focused on conventional gas projects in southeast Australia. 

The company also has interests in oil and condensate-producing assets in the Cooper Basin.

Since the start of the year, its share price has fallen over 50%. 

However the team at Bell Potter have released a new report. The broker is now suggesting it could be set for a significant rebound following the company’s June quarter results. 

Softer demand, but position remains solid

According to Bell Potter, Amplitude Energy’s June 2026 quarter was broadly in line with expectations. 

Gas production at its main Orbost plant was slightly lower because the company intentionally reduced output as warmer weather and strong gas supply in eastern Australia weakened demand and spot prices. 

The average gas selling price also dipped slightly to the previous quarter. 

Despite these softer market conditions, the energy company still met its full-year production guidance. It ended the quarter in a healthy financial position with $138 million in cash and relatively low net debt of $37 million. 

Investors should also expect the company to provide production guidance for FY27 when it releases its full-year results in August.

Existing operations improve 

Bell Potter also noted that although the Orbost site was temporarily shut down for maintenance during the quarter, the work improved the plant’s efficiency and allowed it to achieve record production rates once it restarted. 

Amplitude Energy has also confirmed that its major growth project, the East Coast Supply Project (ECSP), remains on budget and on track to begin production in 2028. 

The final exploration well will be drilled soon, and importantly, Amplitude Energy says the entire project can be funded through its existing financing and cash flow, meaning it does not currently need to raise additional capital.

Upside in tact for this ASX energy stock 

Based on this guidance, Bell Potter has retained its buy recommendation on this ASX energy stock. 

It has also retained its price target of $2.50, which indicates almost 80% upside from current levels. 

AEL is a pure-play leverage to the southern east coast Australia gas market with the majority of its gas sales under stable contracted prices. The company’s flagship 100%-owned Gippsland Basin asset is now consistently operating near nameplate capacity (68TJ/day); debottlenecking could see incremental improvements.

AEL’s 50%-owned Otway Basin expansion is supported by existing gas discoveries and up to 24TJ/day net Gas Sales Agreements with EnergyAustralia and AGL Energy.

The post Why this ASX energy stock could be set to rise 80%: Expert appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.