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BrightPath Early Learning Inc.

10:03 AM EST - BrightPath Early Learning Inc. : Has entered into a definitive agreement to acquire a portfolio of 20 early learning and child care centres in the Greater Toronto Area from the owners of Peekaboo Child Care Centre Inc. and subsidiary companies. Under the terms of the agreement, BrightPath will pay approximately $22 million, subject to adjustments, for approximately 2,500 licensed spaces in 20 early learning and child care centres located in the Regions of Peel and Halton, large and rapidly growing communities in the Greater Toronto Area. The addition of this capacity will increase the size of BrightPath's portfolio by 41%. BrightPath Early Learning Inc. shares V.BPE are trading up $0.07 at $0.35.