30th Nov 2015 13:24
LONDON (Alliance News) - Accounting software firm Sage Group PLC is understood to be in the running to acquire Australian-listed accounting software company Reckon, according to a report in the Australian Financial Review, a trade magazine.
The report suggested Sage was one of two likely buyers, alongside Australia-based rival MYOB. US group Intuit, meanwhile, was among those to have run the rule over Reckon, but has ruled itself out of the running.
http://www.afr.com/street-talk/reckon-auction-shaping-up-as-twohorse-race-20151125-gl8bbk
By Sam Unsted; [email protected]; @SamUAtAlliance
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