Brief: Terveystalo To Acquire Attendo's Healthcare Operations In Finland

Attendo AB (publ)

17/05/2018 07:15

May 17 (Reuters) - TERVEYSTALO OY  TTALO.HE :
    * REG-TERVEYSTALO PLC: TERVEYSTALO TO ACQUIRE ATTENDO'S
HEALTHCARE
OPERATIONS IN FINLAND
    * COMPLETION OF TRANSACTION IS EXPECTED TO TAKE PLACE LATE
2018,
    * WOULD ACQUIRE ATTENDO'S FINNISH HEALTHCARE OPERATIONS FOR
AN
ENTERPRISE VALUE OF EUR 233 MILLION
    * AGREED PRICE REPRESENTS A MULTIPLE OF 13.3X ENTERPRISE
VALUE /
2017 ADJUSTED EBITA, AND 10.6X INCLUDING RUN-RATE SYNERGIES
    * TARGETED COST SYNERGIES OF APPROXIMATELY EUR 5 MILLION
PARTICULARLY FROM PROCUREMENT

Source text for Eikon:  ID:nGNE8Wx0XD 
Further company coverage:  TTALO.HE 

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