G8 Education to raise $60m

Childcare operator G8 is raising capital as it expands with 29 new childcare centres.

Listed childcare and education centre operator G8 Education is raising $60.14 million as it looks to expand further after buying 29 new childcare centres across NSW, Victoria and Tasmania.

The purchase will increase the number of places the company controls by 2,338 and will cement G8 Education's expansion as it capitalises on its status as the only listed childcare centre operator.

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