July 5 (Reuters) - Eclipx Group Ltd ECX.AX :
* ANNOUNCES SALE OF BOTH GRAYSONLINE AND AREYOUSELLING TO QUADRANT PRIVATE EQUITY FOR A$60 MILLION
* APPOINTS JASON MUHS AS ACTING CFO
* SALE WILL RESULT IN AN ACCOUNTING NON-CASH LOSS OF APPROXIMATELY A$100 MILLION, WHICH WILL BE RECOGNISED IN 2H19 ACCOUNTS
* NET PROCEEDS OF SALE WILL BE APPLIED TO REDUCTION OF ECLIPX'S CORPORATE DEBT FACILITIES Source Text https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02121124 Further company coverage: ECX.AX