ARC Funds Limited acquires ausbiz Capital, a subsidiary of ausbiz Group

SYDNEY: ARC Funds Limited (ASX:ARC) has executed a binding agreement with ausbiz Group Pty Ltd to acquire a minority 30% equity interest in ausbiz Capital Pty Ltd, currently a 100% subsidiary of ausbiz Group. ausbiz Capital, part of ausbiz Group, is a new business established to offer high-quality financial products and services to ausbiz Group’s…