BRIEF-Austbrokers Holdings says acquires 50 pct of shares in Procare Group

Feb 19 (Reuters) - Austbrokers Holdings Ltd AUB.AX :

* AUB acquires 50% Procare Group AUB.AX

* Says final purchase price will be determined based on performance for the

year ending 30 June 2016

* Completion payment of $7.3 million, representing about 70% of estimated

purchase price, has been paid which has been funded from cash held

* Source text for Eikon News Search ID:nASX8fVyqt

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