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Private Equity

Australia's Myob Group Announces A$1.75 Billion Buyout Offer From Kkr

by reuters.com posted 1week ago 16 views
Australia's MYOB Group on Monday said private equity firm KKR & Co proposed to buy shares it does not already own in the cloud services provider for about A$1.75 billion ($1.23 billion) after bagging a 17.6 percent stake in MYOB from Bain Capital Abacus Holdings, L.P.

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