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Twist in tail for Manikay in KKR-MYOB play

The KKR-MYOB deal brought into question the role of PE funds, directors, independent experts and the legal framework for dealmaking.

Jemima Whyte
Jemima WhyteSenior reporter
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Having signed off a $2 billion deal on Christmas Eve after a horror quarter for sharemarkets, MYOB's board, private equity suitor KKR and their hordes of advisers might have been forgiven for relaxing and enjoying the long Australian summer.

But then Manikay Partners, an under-the-radar hedge fund run by Shane Finemore and Russell Aboud, crashed the deal with a bang.

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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
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    Original URL: https://www.afr.com/companies/financial-services/inside-the-kkr-myob-deal-manikay-partners-modest-hand-20190417-p51exo