Evolve on track to secure 85 kindergartens by end of March, eyes more centres

Mon, 16 Feb 2015

By Suze Metherell Feb. 17 (BusinessDesk) - Evolve Education Group, the listed childcare business, said it's on track to settle its acquisitions as forecast in its prospectus and is eyeing further childcare centres for purchase. In December the Auckland-based company raised $132.3 million to fund its acquisition of the Lollipops Educare Holdings, the PORSE Group, Au Pair Link and ECE Management to become a child care business. Since its NZX debut, the company has settled 73 purchases, saying it was on track to have 85 centres settled by...

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