BRIEF-Funtastic says potential divestment update

March 11 (Reuters) - Funtastic Ltd FUN.AX :

* Potential divestment update FUN.AX

* Update in reference to co's announcement on 4 March 2014 regarding the

possible divestment of Madman business

* "Despite information recently reported in the media, Funtastic has not entered into any binding agreement to sell the Madman business"

* "Has agreed to grant a window of exclusivity to one of the bidders to

negotiate the terms of the potential divestment in accordance with that

bidder's non-binding indicative offer"

* Source text for Eikon News Search ID:nASX4M3YcC

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