March 5 (Reuters) - Seek Ltd SEK.AX :
* TO INCREASE ITS OWNERSHIP IN SEEK ASIA FROM 86.25% TO100% BYACQUIRING REMAINING 13.75% OF SHARES FROM NEWS CORPORATION
* TRANSACTION IS CASH EARNINGS PER SHARE ACCRETIVE IN FY18ANDBEYOND
* TRANSACTION DOES NOT CHANGE SEEK'S FY18 GUIDANCE
* INVESTING A$157M TO INCREASE OWNERSHIP IN SEEK ASIA FROM86.25%TO 100%