April 30, 2018 / 11:33 PM / 7 months ago

BRIEF-Zenitas Healthcare To Acquire Australian Home Care Services

May 1 (Reuters) - Zenitas Healthcare Ltd:

* AGREEMENTS TO ACQUIRE AUSTRALIAN HOME CARE SERVICES

* REAFFIRMS MARKET GUIDANCE FOR FY18 EBITDA OF $13-13.5M PRIOR TO ANNOUNCED ACQUISITIONS

* TO ALSO ACQUIRE BELEURA HEALTH SOLUTIONS

* POST ACQUISITIONS, SEES FY18 GROSS REVENUE (PRE CLINICIAN CONTRACTOR PAYMENTS) BASE OF $170M AND EBITDA OF $19.0M ON PROFORMA BASIS

* EXPECTED CASH PRICE OF $4 MILLION FOR AHCS ACQUISITION; ACQUISITION PRICE OF $2.4 MILLION FOR BELEURA ACQUISITION Source text for Eikon: Further company coverage:

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