Dec 6 (Reuters) - Traditional Therapy Clinics Ltd TTC.AX :
* Traditional Therapy Clinics Ltd - TTC acquires a new clinic-TTC.AX
* Asx alert-TTC acquires a new clinic-TTC.AX
* Deal's total purchase price represents an average Ebitda multiple of 3.2 based on clinic's earnings in 2016 financial year
* Unit entered into contract to acquire a new clinic from its franchised clinic base
* Settlement of acquisition is expected to be complete during Jan 2017 Source text for Eikon: ID:nASX5WJzQc Further company coverage: TTC.AX