Jan 30 (Reuters) - Sirtex Medical Ltd SRX.AX :
* SRX BOARD RECOMMENDS ACQUISITION BY VARIAN MEDICAL SYSTEMS
* ENTERED BINDING SCHEME IMPLEMENTATION DEED WITH VARIAN MEDICAL SYSTEMS; VARIAN TO ACQUIRE SIRTEX BY WAY OF A SCHEME OF ARRANGEMENT
* ACQUISITION PRICE OF A$28.00 PER SHARE IN CASH
* OFFER IMPLIES A FULLY DILUTED MARKET CAPITALISATION FOR SIRTEX OF APPROXIMATELY A$1.58 BILLION AND AN ENTERPRISE VALUE OF ABOUT A$1.49 BILLION
* SCHEME REMAINS SUBJECT TO REGULATORY APPROVALS, INCLUDING FOREIGN INVESTMENT REVIEW BOARD AND COMPETITION AUTHORITIES