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BRIEF-Traditional Therapy through unit enters contract to acquire additonal clinic
December 12, 2016 / 9:41 PM / 9 months ago

BRIEF-Traditional Therapy through unit enters contract to acquire additonal clinic

Dec 13 (Reuters) - Traditional Therapy Clinics Ltd

* Unit entered into a contract to acquire an additional clinic from its franchised clinic base

* Purchase price for new clinic will be paid in cash by ttc and totals rmb 7.2 million

* Total purchase price represents an average EBITDA multiple of 3.5 based on clinic’s earnings in 2016 financial year

* Traditional therapy clinics ltd - ttc acquires an additional clinic-ttc.ax Source text for Eikon: Further company coverage:

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