National Veterinary Care Limited (ASX:NVL) entered into binding agreement to acquire Four Clinics in Australia for AUD 3.6 million on December 18, 2017. The consideration for the four clinics acquisitions is AUD 3.6 million, including AUD 0.32 million in scrip. The four clinics under agreement are conditional on final due diligence, board approval and lease assignments. The settlement is expected to take place by February 28, 2018. The acquisition is expected to be accretive to earnings per share in financial year 2018. On January 8, 2018, settlement of the first of those clinics located in Victoria took place. On January 15, 2018, settlement of the second of those clinics located in Victoria took place. National Veterinary Care Limited (ASX:NVL) completed the acquisition of four clinics in Australia on January 23, 2018. The acquisition was funded primarily by debt.