MYO myob group limited
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News: MYO Myob Group Announces Buyout Offer From KKR

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    08/10/18
    09:30
    Post #: 36031697

    Oct 8 (Reuters) - Myob Group Ltd (MYO) :

    • RECEIVED AN UNSOLICITED PROPOSAL FROM KKR TO ACQUIRE ALL OF REMAINING SHARES THAT KKR DOES NOT ALREADY OWN IN MYOB
    • BAIN CAPITAL ABACUS SOLD 104 MILLION SHARES OF CO TO AN AFFILIATE OF KKR & CO. L.P AT A PRICE OF A$3.15 PER SHARE
    • PROPOSAL PRICE OF A$3.70 CASH PER SHARE
    • MYOB BOARD HAS COMMENCED AN ASSESSMENT OF PROPOSAL

    Source text (http//reut.rs/2OI8DAG)

    (([email protected];))

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