UPDATE 1-Australia's MYOB Group announces A$1.75 bln buyout offer from KKR
October 07, 2018 at 18:37 PM EDT
Australia's MYOB Group on Monday said private equity firm KKR & Co proposed to buy shares it does not already own in the cloud services provider for about A$1.75 billion ($1.23 billion) after bagging a 17.6 percent stake in MYOB from Bain Capital Abacus Holdings, L.P.
