ABS a.b.c. learning centres limited

ABC Learning Centres believes it will meet a deadline for the...

  1. YStrategy
    10,543 Posts.
    lightbulb Created with Sketch. 16
    clock Created with Sketch.
    17/03/08
    21:30
    Post #: 3480383
    ABC Learning Centres believes it will meet a deadline for the sale of a 60% holding in its US business to Morgan Stanley Private Equity. The deal, which will provide the Australian child care group with $A750m to repay debts, has adeadline of 24 March 2008. ABC had $A1.67bn in net debt at the end of 2007, the result of rapidly expanding its operations including three US acquisitions worth$US550m. ABC has also announced plans to sell its child care vouchers business in Great Britain




    ABS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add ABS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.