Jan 29 (Reuters) - National Australia Bank Ltd NAB.AX :
* AGREEMENT TO ACQUIRE 86 400 TO ACCELERATE UBANK GROWTH
* EXPECTS COST OF ACQUIRING REMAINING SHARES IN 86 400 AND OTHER UPFRONT DEAL RELATED EXPENSES OF UP TO ABOUT $220 MLN
Jan 29 (Reuters) - National Australia Bank Ltd NAB.AX :
* AGREEMENT TO ACQUIRE 86 400 TO ACCELERATE UBANK GROWTH
* EXPECTS COST OF ACQUIRING REMAINING SHARES IN 86 400 AND OTHER UPFRONT DEAL RELATED EXPENSES OF UP TO ABOUT $220 MLN