TTC traditional therapy clinics limited
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Dec 9 (Reuters) - Traditional Therapy Clinics Ltd (TTC) : TTC...

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    09/12/16
    09:26
    Post #: 21218573

    Dec 9 (Reuters) - Traditional Therapy Clinics Ltd (TTC) :

    • TTC acquires an additional clinic
    • Entered into a contract to acquire an additional clinic from its franchised clinic base
    • Total purchase price represents an average ebitda multiple of 3.2 based on clinic's earnings in 2016 financial year
    • Purchase price for new clinic will be paid in cash by ttc and totals rmb 6.9 million

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