G8 facing 'Sterling' upgrade

G8 Education is making a large step change to earnings as it embarks on what is possibly its biggest corporate transaction yet.

G8 Education (GEM) is making a large step change to earnings as it embarks on what is possibly its biggest corporate transaction yet.

The acquisitive childcare centre operator announced it would acquire Sterling Early Education for $228 million, which will be funded through its cash reserves and debt.

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