December 22, 2017 / 3:33 PM / a month ago

BRIEF-Zenitas Healthcare To Acquire Agewell Physiotherapy Acquisition

Dec 22 (Reuters) - Zenitas Healthcare Ltd:

* AGEWELL PHYSIOTHERAPY ACQUISITION

* REAFFIRMS MARKET GUIDANCE FOR FY18 EBITDA OF $13M - $13.5M PRIOR TO AGEWELL AND PSMG ACQUISITIONS​

* ‍ENTERED INTO A BINDING AGREEMENT TO ACQUIRE 100% OF AGEWELL PHYSIOTHERAPY FOR $4.8M​

* ‍“ACQUISITION MULTIPLE REPRESENTS AROUND 5 TIMES FORECAST FY18 EBITDA”​ Source text for Eikon: Further company coverage:

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