March 6, 2018 / 10:47 PM / in 5 months

BRIEF-Think Childcare ‍To Buy Four Childcare Centres For $5.7 Mln

March 7 (Reuters) - Think Childcare Ltd:

* REITERATES OUTLOOK PROVIDED AS PART OF CY17 RESULTS

* ‍LAUNCHES INSTITUTIONAL PLACEMENT TO RAISE APPROXIMATELY $10.0 MILLION TO FULLY FUND ACQUISITIONS​

* ‍OFFER PRICE FOR CAPITAL RAISING IS $1.99 PER SHARE​

* $1.4 MILLION PROJECTED EBITDA CONTRIBUTION IN FIRST 12 MONTHS POST ACQUISITION Source text for Eikon: Further company coverage:

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