BRIEF-Zenitas Healthcare To Acquire Agewell Physiotherapy Acquisition

Healthcare Sector

Reuters Staff

Dec 22 (Reuters) - Zenitas Healthcare Ltd:

* AGEWELL PHYSIOTHERAPY ACQUISITION

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

* ENTERED INTO A BINDING AGREEMENT TO ACQUIRE 100% OF AGEWELL PHYSIOTHERAPY FOR $4.8M

* “ACQUISITION MULTIPLE REPRESENTS AROUND 5 TIMES FORECAST FY18 EBITDA” Source text for Eikon: Further company coverage: