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ACC takes substantial stake in Les Mills International

The fund manager will also take two board seats at the global fitness franchise company.

Fund manager ACC has taken a substantial stake in global fitness franchise company Les Mills International.

ACC has acquired about 18% of the company, which creates global fitness programmes used in 20,000 clubs across 100 countries, from existing shareholders including NBR Rich Listers Phillip

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ACC takes substantial stake in Les Mills International
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