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ASG Autosports News Story

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Brief: Autosports Group Acquires John Newell Mazda

June 28 (Reuters) - Autosports Group Ltd  ASG.AX :
    * AUTOSPORTS GROUP ACQUIRES JOHN NEWELL MAZDA
    * ENTERED INTO AN AGREEMENT TO ACQUIRE AN 80% INTEREST IN
JOHN
NEWELL MAZDA, ALEXANDRIA.
    * DEAL FOR $12 MILLION
    * PURCHASE PRICE CONSISTS $12 MILLION FOR GOODWILL PLUS
ABOUT $4
MILLION FOR 80% OF NET ASSETS

Source text for Eikon:  ID:nASX6z1bkZ 
Further company coverage:  ASG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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