Opinion
Why ANZ’s $4.5b MYOB acquisition plan always looked a non-starter
ANZ’s pursuit of Suncorp gave it a nice reason to pull the pin on a planned $4.5 billion deal for MYOB.
Adir ShiffmanColumnistUnusually, today’s column is about a deal that never happened – and always looked unlikely – namely the aborted sale of accounting software provider MYOB to Australia and New Zealand Banking Group.
ANZ’s pursuit of Suncorp gave it a nice reason to pull the pin on a planned $4.5 billion deal that had already caused a fair share of raised eyebrows.
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Adir Shiffman is executive chairman of Catapult Sports and a serial investor and entrepreneur. Connect with Adir on Twitter.
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