ANZ confirms it has its heart set on MYOB

ANZ confirms it has its heart set on MYOB
ANZ Bank said it had yet to reach an agreement with KKR in relation to the acquisition. (Image: File)
Staff reporters
ANZ Banking Group has confirmed it is in talks with an American global investment company about a potential acquisition of bookkeeping software firm MYOB.In response to “market speculation” – thanks to The Australian Financial Review breaking the news that ANZ Bank was seeking out MYOB in June – the bank said today it was in discussion with US alternative asset firm Kohlberg Kravis Roberts (KKR) about buying the KKR-owned MYOB.However, ANZ Bank said it had yet to reach an agreement and there was “no certainty&rdquo...

More Finance

‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025
Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Michael Neilson 15 Sep 2025
Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.