Dec 6 (Reuters) - Traditional Therapy Clinics Ltd (TTC) :
- Traditional Therapy Clinics Ltd - TTC acquires a new clinic-TTC.AX
- Asx alert-TTC acquires a new clinic-TTC.AX
- Deal's total purchase price represents an average Ebitda multiple of 3.2 based on clinic's earnings in 2016 financial year
- Unit entered into contract to acquire a new clinic from its franchised clinic base
- Settlement of acquisition is expected to be complete during Jan 2017
