GXL greencross limited
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  1. FNN News
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    12/07/12
    09:40
    Post #: 10424141
    .


    Greencross Limited (ASX:GXL) has acquired three veterinary practices in Queensland and Victoria.



    Australia’s largest veterinary group will pay about $2.6 million dollars via cash and deferred payments.



    The acquisitions are expected to be earnings per share accretive in the 2013 fiscal year.



    Greencross which was established in 2003, has 79 practices throughout Australia.



    In the first half of the 2012 financial year Greencross generated a net profit of $2.9 million.


    GXL Price at posting: $2.26 Sentiment: None Disclosure: Held
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