Oct 28 (Reuters) - PMP Ltd PMP.AX
* Asx alert-PMP to merge with IPMG-pmp.ax
* Merger is expected to deliver approximately $40m per annum of pro-forma cost synergies across combined group
* Deal for consideration value of approximately $119m
* One-off cash costs totalling approximately $65m
* Entered into an agreement to merge with ipmg group
* Merger is materially eps and cash flow accretive on a pro-forma fy16 basis, inclusive of pro-forma synergies
* Pmp ltd - future capital expenditure commitments are expected to remain low
* "face significant challenges in print industry in australia due to changes in demand"
* "does not expect to recommence dividends or share buy-backs before 2018"
* Pmp will suspend both dividends and share buy backs during implementation period Source text for Eikon: Further company coverage: PMP.AX