Business
Healthia (ASX:HLA) share price on watch after acquisitions update
The Healthia Ltd (ASX: HLA) share price will be on watch on Tuesday following the release of an update after the market close.
What did Healthia announce?
This afternoon the healthcare company announced the completion of a couple of new acquisitions.
According to the release, the company has settled the $43 million acquisition of The Optical Company which was announced to the market on 30 October.
As part of the acquisition, the vendors have been issued with 9.4 million shares at an issue price of 95 cents. These will be held in voluntary escrow.
In addition to this, The Optical Company’s founder and CEO, Colin Kangisser, has been appointed as the CEO of Healthia’s newly formed Eyes & Ears division and as a director of…
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