Sept 20 (Reuters) - Probiotec Ltd (PBP)
- Entered into an agreement to acquire all of issued shares of South Pack Laboratories (Aust) Pty Ltd
- Initial cash component of $6 mln will be funded through an increase in Probiotec's current debt facilities
- Acquisition will be settled by way of an issue of 7.9 million fully paid ordinary pbp shares
- Acquisition is expected to be EPS accretive from completion
- SPL will continue to operate within its current production facility
- Acquisition will also be settled by a cash payment of $8 mln
