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ANZ Australia And New Zealand Banking Group Limited

28.70
0.15 (0.53%)
Last Updated: 02:44:35
Delayed by 20 minutes
Share Name Share Symbol Market Type
Australia And New Zealand Banking Group Limited ASX:ANZ Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 0.53% 28.70 28.70 28.71 28.76 28.56 28.60 880,262 02:44:35

ANZ in Talks for Potential Acquisition of KKR's MYOB Unit

13/07/2022 1:37am

Dow Jones News


Australia And New Zealan... (ASX:ANZ)
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By Stuart Condie

 

SYDNEY--Australia and New Zealand Banking Group Ltd. is in talks with KKR & Co. for the potential acquisition of the U.S. private equity company's MYOB accounting platform.

ANZ on Wednesday said that it had yet to reach agreement with KKR and that there was no certainty that a deal would proceed.

Any acquisition of MYOB, which is used by accountants and small- and medium-sized enterprises, would be subject to approvals including from Australia's competition regulator and New Zealand's foreign investment regulator, ANZ said.

 

Write to Stuart Condie at stuart.condie@wsj.com

 

(END) Dow Jones Newswires

July 12, 2022 20:22 ET (00:22 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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