@gsc I don't know of a way to do this automatically; there would be no way to determine if the segments represented an arc or not.
This could be done in a program manually however by selecting the LINES that represent each arc. The process in the code would be something like:
1.) Select the polylines representing the Arc.
2.) Join the segments together into a Polyline.
3.) Convert to a fit polyline
4.) Get the halfway Parameter of the Polyline and the point at the parameter.
5.) Get the start and end points of the Polyline.
6.) Draw a 3 point Arc and delete the polyline.
NOTE: This method may not give accurate results depending on the amount of segments making up the polyline, but it would be close.