StockMarketWire.com - Out-of-hospital care group Totally said that it had conditionally agreed to acquire NHS urgent care provider Greenbrook Healthcare for £11.5m.

The sum would satisfied by the payment of £9.0m in cash on completion, while the remainder would be paid in shares.

Totally said it would fund the cash component from a share issue to raise up to £9.0m at 10p per share.

'This highly complementary acquisition is an exciting and transformative opportunity, and one which offers significant operational and financial benefits,' chief executive Wendy Lawrence said.




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