Dec 13 (Reuters) - Traditional Therapy Clinics Ltd (TTC)
- Unit entered into a contract to acquire an additional clinic from its franchised clinic base
- Purchase price for new clinic will be paid in cash by ttc and totals rmb 7.2 million
- Total purchase price represents an average EBITDA multiple of 3.5 based on clinic's earnings in 2016 financial year
- Traditional therapy clinics ltd - ttc acquires an additional clinic-ttc.ax