Think Childcare acquires four new childcare services

Company News

by Rachael Jones

Think Childcare (ASX:TNK) has now completed the acquisition of four newly constructed, purpose-built Nido childcare Services.

They have also opened a greenfield Nido childcare Service in Moonee Valley in Victoria.

This centre is expected to break even nine months after opening.

The four new centres are from two incubator partners.

Shares in Think Childcare (ASX:TNK) opened flat at $1.64.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.