Business

MYOB’s keeps its KKR bird in hand

MYOB directors appear to be backing themselves to come up with a better offer while keeping the KKR takeover offer as a backstop.

After completing due diligence, global predator KKR lowered its offer price from A$3.77 to A$3.40 per share, reducing its valuation of the ASX-listed MYOB, which competes against New Zealand

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