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BRIEF-National Veterinary Care says confirms successful acquisition

Published 17/06/2016, 09:11 am
© Reuters.  BRIEF-National Veterinary Care says confirms successful acquisition
NVL
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June 16 (Reuters) - National Veterinary Care Ltd NVL.AX :

* Nvl confirms successful acquisition NVL.AX

* Total cash consideration paid for this acquisition equals $1.2M

* Clinic is expected to deliver annualized revenue of $1.48M and EBIT of $0.28M

* The total consideration will be funded through debt and free cash

* Acquisition is expected to be earnings per share accretive in the 2017

financial year

Source text for Eikon ID:nASX1k2lv9

For more news, please click here NVL.AX

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