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BRIEF-Japara Healthcare acquires 587 bed aged care portfolio

Published 01/10/2015, 04:30 pm
Updated 01/10/2015, 04:38 pm
© Reuters.  BRIEF-Japara Healthcare acquires 587 bed aged care portfolio
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Oct 1 (Reuters) - Japara Healthcare Ltd JHC.AX :

* Japara Healthcare acquires 587 bed aged care portfolio JHC.AX

* Executed contracts for acquisition for a net acquisition price of $79.5 million

* Acquisition is expected to be earnings per share accretive from FY 2016

* Says acquisition will be funded through a combination of existing cash reserves and existing debt facilities

* Source text for Eikon ID:nASX8bfkt

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