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BRIEF-Adcorp Australia takes investment in Shootsta

Published 22/07/2016, 09:56 am
© Reuters.  BRIEF-Adcorp Australia takes investment in Shootsta
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July 22 (Reuters) - Adcorp Australia Ltd AAU.AX :

* Made an investment in the video start-up business shootsta to complement and strengthen its existing service offerings.

* The transaction sees Adcorp take a 15% investment in shootsta for approximately $1 mln in a mix of cash and in-kind services

* Adcorp will also take a seat on the Shootsta board.

* Source text for Eikon ID:nASX3L7rZd

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