ANZ confirms discussions with KKR
Australia and New Zealand Banking Group Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 11 005 357 522
News Release
For release: 13 July 2022
ANZ confirms discussions with KKR
In response to market speculation, ANZ today confirmed it is in discussions with Kohlberg
Kravis Roberts & Co. (KKR) about a potential acquisition of MYOB.
ANZ and KKR are yet to reach agreement in relation to the acquisition and there is no
certainty it will proceed.
MYOB is one of Australia’s leading providers of business management, financial and
accounting solutions for SMEs, Enterprise and Accounting Practice customers.
Should the transaction proceed it would be subject to regulatory approvals, including from
the Australian Competition and Consumer Commission and the New Zealand Overseas
Investments Office.
ANZ will make an announcement to the market if the negotiations are successfully
completed and an agreement is entered into.
For media enquiries contact:
Stephen Ries
Head of Corporate Communications
Tel: +61 409 655 551
Approved for release by ANZ’s continuous disclosure committee
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