Nov 12 (Reuters) - G8 Education Ltd GEM.AX :
* Acquisition and settlement update GEM.AX
* Entered into contractual arrangements to acquire 13 premium childcare and education centres
* Says acquisitions will be funded from existing cash reserves
* Acquisition from a number of different vendors. these contracts are conditional upon usual licensing and landlord approvals
* The total purchase price for the 13 centres is $29.7 million excluding transaction costs
* Says the centres are expected to contribute to EBIT immediately upon settlement
* Source text for Eikon ID:nASX9LgD9h