July 2 (Reuters) - Pro-Pac Packaging Ltd PPG.AX :
* TO ACQUIRE ALL OF SHARES IN PERFECTION PACKAGING PTY LTD (AUSTRALIA) AND ALL UNITS IN PERFECTION PACKAGING UNIT TRUST (TRUST)
* DEAL FOR A$49.8 MILLION
* TO ACQUIRE POLYPAK PTY LIMITED (NEW ZEALAND) BUSINESS FOR NZ$8.8 MILLION
* ACQUISITIONS TO BE FUNDED IN PART BY A $55.8 MILLION FULLY UNDERWRITTEN PLACEMENT
* FY18 UNDERLYING EBITDA EXPECTED TO BE C.$16.0 MILLION
* NOW ANTICIPATING A FY19 UNDERLYING EBITDA OF AROUND $46 MILLION- $47 MILLION