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1300SMILES acquires dental practice

Australia's 1300SMILES Ltd. acquired a dental practice in Buderim, Queensland.

While not material financially, the acquisition adds a geographic corridor and hub to 1300SMILES' network of clinics, Managing Director Daryl Holmes said in a news release.

The company added that the deal, which was funded through cash, complements recent acquisitions it made in Queensland.

The deal, which is subject to customary conditions, is expected to close mid-March.