Oct 21 (Reuters) - Freedom Foods Group Ltd FNP.AX :
* Freedom Foods Group Limited equity raising acquisition and s FNP.AX
* Pleased to announce a $65 million equity raising (equity raising)
* Acquisition for a consideration of approximately $35 million is expected to be accretive to earnings in its first full year of operation
* Funds raised from the equity raising will be used to fund Freedom food's growth strategy
* Sold 42.5 million shares in A2 Milk Company Limited a2mc) at price of NZ$0.73 in an on-market trade, generating approximate net proceeds of A$28 million
* Says net proceeds will be invested into income producing assets consistent with Freedom food's growth strategy
* Says Freedom Foods current intention is to maintain a strategic stake in a2mc
* Source text for Eikon ID:nASX6HcChc