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ANZ confirms discussions with KKR

M&A13 July 2022ANZFinancials

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




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