Oct 4 (Reuters) - Motorcycle Holdings Ltd MTO.AX
* Acquisition of Cassons and capital raising
* Announces binding agreement to acquire 100 percent of shares in Cassons
* MTO will acquire business from Cassen Family for a total of $123.2 million
* Acquisition is expected to increase MTO's annual revenues by approximately 30 percent to $310 million
* Acquisition is expected to increase MTO'S annual EBITDA to about $30 million, before synergies
* MTO will fund cash component of consideration through debt $35 million, entitlement offer to raise $67 million at $3.85 per share
* Consideration to be paid as $98.7 million in cash and $24.5 million in MTO shares
* Fully underwritten 11 for 24 renounceable entitlement offer to raise $67 million at $3.85 per share