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BRIEF-National Veterinary Care announces further acquisitions

Published 14/02/2017, 12:09 pm
BRIEF-National Veterinary Care announces further acquisitions
NVL
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Feb 14 (Reuters) - National Veterinary Care Ltd NVL.AX :

* NVL announces further acquisitions

* Each practice generates average annualised revenue of above AU$1.95 million

* These acquisitions are expected to be earnings per share accretive in 2017 fiscal year.

* Total cash consideration to be paid for australian acquisitions equals AU$4.0 million

* Total cash consideration to be paid for new zealand acquisitions equals NZ$3.48 million

* New Zealand acquisitions expected to deliver annualised revenue and ebit of NZ$4.40 million and NZ$0.69 million respectively Source text for Eikon: Further company coverage: NVL.AX

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