Aug 15 (Reuters) - Pact Group Holdings Ltd PGH.AX :
* ANNOUNCES ACQUISITION OF TIC RETAIL ACCESSORIES
* DEAL FOR $122 MILLION
* ACQUISITION IS EXPECTED TO BE EPS ACCRETIVE IN YEAR ONE
* ACQUISITION WILL BE FUNDED BY CASH OF $62 MILLION AND AN ISSUE OF $60 MILLION OF SHARES TO VENDORS
* PACT GROUP-AGREEMENT CONTAINS PROVISIONS FOR EARN-OUT PAYMENTS OF UP TO $30 MILLION, PAYABLE ON DELIVERY OF SPECIFIC FINANCIAL HURDLES FOR FY 2019, 2020