Oct 15 (Reuters) - PS&C Ltd PSZ.AX :
* Acquisition PSZ.AX
* Says further payments will be made based on EBIT achieved through to 2018
* Says initial payment represents approximately 4 times the expected full year 2016 result
* Says transaction meets internal rates of return and is expected to be EPS accretive
* Says acquired a Melbourne and Sydney-based it services business
* Source text for Eikon ID:nASX7MTdvN