Accounting software provider MYOB has failed to come up with a better deal than that proposed by US-based equity firm KKR last year.
American equity firm Kohlberg Kravis Roberts has made an offer to buy the shares it does not already own in online business management solutions company MYOB at $3.70 per share, MYOB has said in an announcement to the ASX on Monday.
Vocus Telecommunications has announced that both the bids it received for an acquisition have been called off as the bidders were unable to commit to terms that were acceptable by its board.
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