Accounting software company MYOB Group has abandoned plans to acquire competitor Reckon, citing concerns over uncertainty in its business from further potential delays in the regulatory process to approve the proposed deal.
Accounting software provider MYOB has launched the second wave of its developher programme aimed at increasing the number of women in technical roles and offering successful candidates a fully paid, full-time internship.
A bid by accounting software firm MYOB to acquire another similar company. Reckon’s Accountants Group, could lead to a lessening of competition in this sector, the Australian Competition and Consumer Commission says.
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