Nov 24 (Reuters) - Transurban Group TCL.AX :
* Acquisition of AirportlinkM7 and equity raising TCL.AX
* Says Transurban Queensland has reached agreement to acquire AirportlinkM7 for $1.87 billion
* Says "we expect to achieve EBITDA margin enhancement through integration with Transurban following this acquisition"
* Says financial year 2016 (FY 2016) distribution guidance of 44.5 cps reaffirmed
* To raise $1.03 billion through a fully underwritten pro rata accelerated renounceable entitlement offer
* Says consideration also includes stamp duty of $108 million and transaction costs of $23 million
* Says first half financial year 2016 (1h16) distribution of 22.5 cents per security (cps) announced
* Will undertake fully underwritten pro rata accelerated renounceable 1 for 18 entitlement offer
* Offer to eligible security holders at an offer price of $9.60 per security to raise $1.03 billion
* Says offer price represents a 4.9 per cent discount to the distribution adjusted close price of $10.10 on 23 November 2015
* Source text for Eikon ID:nASXb6vp6j