Dec 8 (Reuters) - YPB Group Ltd YPB.AX :
* YPB to acquire smartphone readable authentication technology YPB.AX
* YPB would acquire Motif Micro for A$6.974M
* The cash consideration of $2.790M would be paid in 3 instalments over the 24 months from completion
* Says transaction is subject to YPB board approval
* Source text for Eikon ID:nASX7wSb6p
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