Aug 11 (Reuters) - Konekt Ltd KKT.AX -
* To buy 100 percent of mission providence for a cash consideration of $24 million
* Credit approved acquisition facility for $18.3 million with commonwealth bank of australia
* Placement & rights issue to raise $15.7 million in aggregate
* On pro forma basis merged business expected to double revenue and ebitda and deliver eps before amortisation of c20% in fy18