HFA confirms transaction talks

australian securities exchange ASX

23 November 2010
| By Mike Taylor |

Funds management group HFA Holdings has confirmed to the Australian Securities Exchange (ASX) that it is in discussions around a potential transaction that might impact its share price.

Responding to a price query from the ASX, the company said that the transaction, if implemented, would involve a material investment in HFA via the issue of new securities by the company.

It said the discussions were incomplete and there was no certainty the transaction would proceed.

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