MYOB Group Limited - proposed acquisition of Reckon Limited's Practice Management Group
Type of assessment
MYOB Group Limited
Reckon Limited's Practice Management Group
Financial and business management systems
MYOB proposes to acquire the Practice Management Group from Reckon Limited. The proposed acquisition includes three Reckon businesses:
- Reckon APS
- Reckon Elite
- Reckon Docs
The transaction includes all associated clients, IP, systems and employees for these businesses.
Comments are invited from interested parties regarding the proposed acquisition of Reckon's Practice Management Group by MYOB .
The closing date for submissions is 1 February 2018. Submissions should be forwarded electronically (preferably in PDF format) to email@example.com with the title Submission re MYOB/Reckon's Practice Managaement Group acquisition proposal (attention Yak Wang / Yong Xu).
Alternatively submissions may be forwarded by fax to 02 6243 1212 or by mail to Mergers Branch, ACCC, GPO Box 3131, Canberra ACT 2601.
For more details please refer to the attached market inquiries letter.
Market inquiries letter 12th January 2018 MER18+290.pdf (344.4 KB)
12th January 2018
ACCC commenced review under the Merger Process Guidelines.
1st February 2018
Closing date for submissions from interested parties.
22nd March 2018
Provisional date for announcement of ACCC's decision (as outlined in the Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).