Dec 24 (Reuters) - Myob Group Ltd (MYO) :
- AGREES TO RECOMMENDED SCHEME OF ARRANGEMENT WITH KKR AT $3.40 CASH PER SHARE AND 'GO SHOP' ARRANGEMENTS
- DIRECTORS UNANIMOUSLY RECOMMEND SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
- CONFIRMS FY18 UNDERLYING EBITDA MARGIN OF APPROXIMATELY 42-43%
- EXPECTS FY18 EARNINGS TO REFLECT ORGANIC REVENUE GROWTH OF ABOUT 7%, RESEARCH AND DEVELOPMENT SPEND OF ABOUT 19% OF REVENUE
