MYOB Group Ltd (MYO) reported that it has received an unsolicited proposal from KKR & Co. to acquire all of the remaining shares that KKR does not already own in MYOB by way of a scheme of arrangement for A$3.70 cash per share - representing a premium of 24% to the closing share price of A$2.98 per share on 5 October 2018 -. The Proposal is stated to be a preliminary, non-binding indication of interest.
