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Access here alternative investment news about ​myob Receives Au$1.75 Billion Takeover Proposal
Private Equity

​myob Receives Au$1.75 Billion Takeover Proposal

by zdnet.com posted 2months ago 21 views
Proposal follows KKR & Co spending AU$327 million to acquire 17.6 percent of MYOB from Bain Capital. : Proposal follows KKR & Co spending AU$327 million to acquire 17.6 percent of MYOB from Bain Capital. Accounting software firm MYOB has announced receiving a buy-out offer, which would see private equity firm KKR & Co scoop up the company for AU$3.70 per share. The announcement follows KKR on Monday upping its stake in MYOB to 19.9 percent, after purchasing just under 104 million MYOB shares from Bain Capital for AU$3.15 per share -- approximately AU$327 million.

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