EQT stock heads into the open after a 1.2% gain
Published on 09/22/2026 at 04:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
EQT stock closed at SEK 275.40 on Nasdaq Stockholm on September 21, 2026, up 1.2% from the previous session. The shares outperformed the broader Stockholm market, which also ended higher that day, but with a smaller percentage move than EQT.
September 21, 2026 in numbers
EQT AB (ISIN SE0012853455) saw its takeover approach for Australian asset manager Perpetual come to an abrupt end on September 21, 2026, after Perpetual's board rejected what EQT described as a best-and-final cash offer of AUD 22.50 per share, valuing the target at roughly USD 2.6 billion, according to Wall Street Journal. Perpetual said the proposal undervalued the company and carried too much execution risk, effectively ending talks with EQT and its Windflower vehicle, as reported by Investing.com. Despite the setback for the cross-border deal, EQT shares rose around 1.2% on the rising Stockholm exchange, with local market commentary highlighting the stock's gain even as Perpetual slumped in Sydney, according to Placera.
On the same day, Perpetual's shares in Australia dropped more than 14% after the board publicly rejected EQT's latest proposal and concluded all engagement with the Swedish private equity group, as detailed by Investing.com. The divergence between EQT's modest gain in Stockholm and Perpetual's sharp fall in Sydney framed the cross-market reaction to the collapsed transaction, while Swedish market reports emphasized that bank and financial shares helped lift the Stockholm exchange, with EQT contributing a roughly 1% to 1.2% rise, according to Placera.
Regulatory decision due today
Today, September 22, 2026, EQT is also in focus in the United States, where regulators have approved the sale of AES Ohio to a consortium led by private equity firms, including EQT, making them the largest shareholders in the Dayton-based utility, as reported by Ground News. The regulatory approval adds another transaction milestone to EQT's pipeline alongside the terminated Perpetual bid and may shape investor attention on the group's deal activity and exposure to regulated infrastructure as trading in EQT stock resumes on Nasdaq Stockholm today.
