National Veterinary Care Ltd (ASX:NVL) agreed to acquire Veterinary Procurement Business/GPO for AUD 5 million on July 29, 2019. The upfront component of the consideration is expected to be primarily debt funded. The acquisition is subject to due diligence, board approval and lease assignment. The transaction is expected to close by September 30, 2019. Brett Heading of Jones Day acted as legal advisor to National Veterinary Care Ltd. National Veterinary Care Ltd (ASX:NVL) completed the acquisition of Veterinary Procurement Business/GPO September 2, 2019. The transaction was funded by a combination of debt and cash reserves.