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Private Equity

Automotive Holdings Backs Higher Ap Eagers Offer

by posted 9months ago 23 views
S&P/ASX 200 has slipped nearly 52 points on opening to 6244 with CSL, BHP, and Treasury Wine dragging. : MYOB will be removed from the ASX this afternoon following the implementation of the scheme of arrangement in which private equity firm Kohlberg Kravis Roberts has purchased all the shares of MYOB for $3.40. The company is in the middle of a $250 million share buy back with $99 million left to go. This morning $10.2 million worth of shares traded, mostly through Macquarie's trading desk.

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