CHILD care provider Early Learning Services is poised to list on the Australian Stock Exchange.
The company raised $34 million from the issue of 34 million shares at $1 each.
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The company will settle the acquisitions of an additional 15 centres this month and a further 10 are expected to be acquired by March 2008 with a another nine centres scheduled to be acquired between March 2008 and late 2009.
Early Learning chief executive John Hutchison said the money raised would be used to fund current contracted acquisitions.
ELS will list tomorrow December 05 2007.
Australian Property Journal