re: abc buys kids campus for $75 mil
Is 75 mil expensive for kids campus ? here is quote:
"ABC Learning is to tighten its dominance of the Australian child-care industry today, with the child-care group expected to announce a $75 million-plus takeover of Kids Campus.
The deal could help ABC boost the number of its Australian and New Zealand child-care centres to 1000 this year and give the company control of more than one-quarter of the nation's child-care centres.
Shares in ABC and Kids Campus were put in a trading halt yesterday pending an announcement by the companies
ABS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held