Bain makes partial exit from Australia's MYOB
Bain Capital Private Equity has made a partial exit from Australian accounting software developer MYOB, reducing its holding from 56.25% to approximately 39.1%.
The private equity firm, which took MYOB public in May 2015, sold 100 million shares for an undisclosed sum, according to a filing. Based on the February 22 closing price of A$3.56, it would have generated...
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