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MYOB raises A$833m in Australia's biggest IPO of 2015: source

Friday, May 1, 2015 - 07:57

[SYDNEY] Australian accounting software company MYOB Ltd raised A$833 million (S$871 million) in the country's biggest initial public offer so far in 2015, a source told Reuters on Friday, at the upper end of the amount it had hoped to get.

The company sold about 228 million shares for A$3.65 each, compared to its target range of A$3 to A$4 a share, the source said.

REUTERS