ABS a.b.c. learning centres limited

abc close to deal on us assets

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    "Certainly it seems, on the surface, a pretty good deal, in
    the sense it allows Eddy and his team to fight another day," said
    Paul Xiradis, chief executive of fund manager Ausbil Dexia,
    adding ABC looked to have got a good price.
    Ausbil Dexia sold its stake in ABC 12 months ago.
    The deal, subject to approval from ABC's banks, is expected
    to be concluded in April 2008.
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