http://www.forbes.com/markets/feeds/afx/2008/03/27/afx4819729.html
"High leveraged childcare provider ABC Learning was up 4.5 cents or 3.4 percent at 1.38 dollars after talk that it would sign a deal on Friday to sell a 60 percent stake in its US assets to a private equity arm of Morgan Stanley, raising 750 million dollars to pay down debt"
http://www.abnnewswire.net/press/en/49580/Australasian-Investment-Review.html
Midday roundup :
"ABC Learning (ABS) – There is talk on a favourable outcome from talks with Morgan Stanley Private Equity on the sale of 60% of its U.S. assets. ABS up 7.4% to 143.5c."
ABS
a.b.c. learning centres limited
