Ebos doesn't overpay for businesses it buys: CEO

Chief executive John Cullity said prices for brands are higher than Ebos is prepared to pay. (Photo: supplied)

Thu, 17 Feb 2022

Healthcare company Ebos has watched multiples of businesses it is interested in buying creep up over the last five years but chief executive John Cullity is adamant his company won't overpay for anything.Very low-interest rates and central bank money printing has seen prices for all types of assets escalate.Ebos is in the process of buying LifeHealthcare for A$1.17 billion (NZ$1.26b), a transaction it expects to settle before the end of June.But it also spent $107 million on three smaller businesses, Sentry Medical, Pioneer Medical and MD S...

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