Lion likely to devour AuSelect

PROMINENT resource industry investment fund Lion Selection has revealed plans to merge with AuSelect – the subsidiary it floated in 2004 to broaden its investment reach – after finding its activities increasingly restricted by its status as a pooled development fund (PDF).

Lion likely to devour AuSelect Lion likely to devour AuSelect Lion likely to devour AuSelect Lion likely to devour AuSelect Lion likely to devour AuSelect

Details of the proposed merger, which would see Lion forfeit its PDF status, were announced to the market this morning.

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