Brief: Arc Funds Executes Binding Agreement With Ausbiz To Acquire 30% Stake In Ausbiz Capital
Oct 7 (Reuters) - Arc Funds Ltd ARC.AX :
* EXECUTED A BINDING AGREEMENT WITH AUSBIZ GROUP TO ACQUIRE
30%
STAKE IN AUSBIZ CAPITAL
* ON COMPLETION OF FINAL INVESTMENT, CO WILL OWN 30% OF
AUSBIZ
CAPITAL FOR A$1 MILLION
Further company coverage: ARC.AX
((Reuters.Briefs@thomsonreuters.com;))
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