Nido Education acquires incubator child care service for $2.4 million
SYDNEY: Nido Education Limited (ASX: NDO) has acquired a high-performing child care service from its incubation pipeline for $2.4 million, the company announced Friday. The newly acquired service, which opened in August 2023 and offers 82 licensed places, is expected to contribute $500,000 in EBIT (pre-AASB16) for calendar year 2026. The acquisition is part of…