This collapsing ASX stock just backed a $55 billion deal
Perpetual shares climbed after the financial services company announced the acquisition of a 70% stake in Interfi Systems, a loan servicing technology business with approximately $55 billion in assets under administration. The company said the deal will help expand its Corporate Trust and Digital and Markets divisions and is expected to contribute to growth from FY27 onwards. Investors also welcomed news that gross debt is expected to decline by around 15% by the end of June. The updates provided a boost for the stock after a challenging start to 2026.