May 9 (Reuters) - Mitula Group Ltd MUA.AX :
* A$0.85 SCRIP OFFER PRICE VALUES MITULA GROUP AT ABOUT A$187 MILLION
* BOARD UNANIMOUSLY RECOMMENDS ACQUISITION PROPOSAL BY TOKYO STOCK EXCHANGE LISTED LIFULL CO. LTD, OWNER OF TROVIT
* MITULA GROUP SHAREHOLDERS ARE BEING OFFERED SHARES IN LIFULL AT A VALUE OF AUD 0.85 PER SHARE
* ENTERED INTO A BINDING SCHEME IMPLEMENTATION DEED WITH LIFULL CO. LTD TO MERGE OPERATIONS OF MITULA GROUP AND TROVIT
* SHAREHOLDERS ARE ENTITLED TO RECEIVE AUD 0.80 CASH CONSIDERATION PER MITULA GROUP SHARE FOR THEIR FIRST 20,000 SHARES