Bain sells down as KKR launches $A2.19 billion takeover bid for MYOB
Bain and KKR have scrapped over MYOB before.
Jenny Ruth Mon, 08 Oct 2018
MYOB’s private equity owner, Bain Capital, has finally lost patience and sold most of its remaining stake to a rival, global corporate raider, KKR, which is proposing a $A2.19 billion takeover of MYOB.
Bain has sold 17.6% of MYOB, the second-largest player in the Australasian accounting
