Nov 17 (Reuters) - Super Group Ltd SPGJ.J :
* SG Fleet Group SGF.AX , a unit of Super Group, has concluded an agreement with Lanlow Pty Ltd, NLT Pty Ltd, D Wilson Holdings Pty Ltd and Mfsquared Pty Ltd to acquire 100 pct of NLC Proprietary
* Purchase consideration for NLC acquisition is 200 million Australian dollars
* NLC acquisition is expected to be earnings accretive to Super Group after acquisition costs and amortization of intangibles in year to June 30, 2016
* SG Fleet will fund NLC acquisition with 110 million Australian dollars (ZAR1.12 billion) of new debt, issue of 9.1 million new shares
* Net asset value of NLC acquisition will be about 0.33 million Australian dollars(ZAR3.4 million) Source text for Eikon: ID:nJseQ0009a Further company coverage: SPGJ.J
(Bengaluru Newsroom +91 80 6749 1136)