July 6 (Reuters) - Pulse Health Ltd PHG.AX :
* Vision eye institute ltd - phg:takeover for Vision Eye Institute and bidder's statement VEI.AX
* Says announce a takeover bid for Vision Eye Institute Limited comprising an offer to acquire all of the ordinary voting shares
* Says offer implies a value of $0.88 per Vision share, representing a 31% premium to vision's last closing price
* The merged group is estimated to have underlying pro forma FY 2015 EBITDA of $32.3 million
* Says merged group is expected to deliver double digit EPS accretion relative to Pulse stand-alone pro forma FY 2015 EPS of 3.5 cents
* Says Pulse will fund transaction related costs with cash and available debt facilities
* Says the offer consideration is 100% Pulse shares
* Source text for Eikon ID:nASX37K523
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