Aug 31 (Reuters) - HRL Holdings Ltd HRL.AX :
* Proposed acquisition of act environmental services company HRL.AX
* Says has entered into a share sale agreement with the shareholders of aac environmental pty ltd
* Agreement to acquire all of the issued capital in aac environmental pty ltd
* Says company will pay a maximum purchase price of $1.5 million to the sellers
* HRL will fund the AAC acquisition using it's current cash holdings and existing banking facilities
* Says there will be no changes made to the HRL board as a result of the aac acquisition
* Source text for Eikon ID:nASX6lkSb0