ANZ confirms purchase talks for MYOB

The ANZ Bank has confirmed talks are underway with private equity firm KKR about purchasing MYOB. “In response to market speculation, ANZ today confirmed it is in discussions with Kohlberg Kravis R

“The ANZ Bank has confirmed talks are underway with private equity firm KKR about purchasing MYOB.”

“ANZ and KKR are yet to reach agreement in relation to the acquisition and there is no certainty it will proceed.”

This will be interesting to see how ANZ integrates MYOB and leverages off this acquisition – Adrian Thompson.

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