Brief: Viva Leisure Expands Into Western Australia With Strategic Acquisitions
06/06/2024 02:22
June 6 (Reuters) - Viva Leisure Ltd VVA.AX :
* VIVA LEISURE EXPANDS INTO WESTERN AUSTRALIA WITH STRATEGIC
ACQUISITIONS
* DEAL FOR A$15.7 MILLION
* ENTERED BINDING AGREEMENTS FOR TWO STRATEGIC ACQUISITIONS,
ADDING EIGHT HEALTH CLUB LOCATIONS IN WESTERN AUSTRALIA
* FUNDING FOR ACQUISITIONS VIA FULLY UNDERWRITTEN
INSTITUTIONAL
PLACEMENT FOR A$16 MILLION AT A$1.45 PER SHARE
Further company coverage: VVA.AX
((Reuters.Briefs@thomsonreuters.com;))
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