---
title: Perpetual Rejects EQT Offer; Buffett Steps Down
description: "Via Wall Street Journal US Business: Perpetual rejected **EQT AB**'s improved **US$2.6 billion** takeover proposal and ended engagement with the Swedish priv..."
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### Perpetual Rejects EQT Offer; Buffett Steps Down

Wall Street Journal US Business • September 21, 2026 at 5:30 AM ET

[×](/sv/market?tab=wsj-us-business)

Perpetual rejected **EQT AB**'s improved **US$2.6 billion** takeover proposal and ended engagement with the Swedish private-equity firm. In other financial news, **Warren Buffett** stepped down as **Berkshire Hathaway** chairman; his son **Howard** succeeds him, while Buffett remains on the board as chairman emeritus.

**Societe Generale** shares climbed 4% after the bank raised profitability targets through 2030, citing cost cuts and expanded AI use. Apartment landlords face a worsening **$2 trillion** debt problem as record borrowings at low rates meet rising interest costs. A new report on the **SVB** collapse, commissioned by **Michelle Bowman**, blamed Fed bank-supervision staff from the Biden era.

**Coinbase** CEO **Brian Armstrong** was central to debates over digital assets in mainstream finance. **Polymarket** CEO **Shayne Coplan** dismissed fraud concerns involving stolen debit cards as the firm bolsters its executive ranks ahead of a potential IPO. Stablecoin company **Bastion**, a partner for **Sony**, received conditional OCC approval to operate as a trust bank. Meanwhile, **Ant International**-backed **Mynt** secured approval for the **Philippines**' largest-ever IPO. New bank charter approvals surged, with 21 of 40 applications approved by the **Comptroller of the Currency** over 18 months. **Christine Lagarde** intervened to block **Binance** from operating in the **EU**, while **Mastercard** joined **Visa** in enabling AI-driven shopping agents.

[Read original article](https://www.wsj.com/real-estate/apartment-landlords-have-a-2-trillion-debt-problem-that-is-only-getting-worse-6a096162)

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