Aug 3 (Reuters) - Sonic Healthcare Ltd SHL.AX :
* SIGNED AGREEMENTS TO ENTER INTO A LABORATORY JOINT VENTURE WITH PROMEDICA HEALTH SYSTEM, INC
* UNDER AGREEMENT, SONIC WILL CONTRIBUTE ITS LABORATORY BUSINESS BASED IN OHIO INTO JV
* UNDER AGREEMENT PROMEDICA WILL CONTRIBUTE EXISTING OUTREACH/COMMUNITY LABORATORY BUSINESS AND CERTAIN HOSPITAL INPATIENT TESTING
* TRANSACTION IS EXPECTED TO BE ACCRETIVE TO EARNINGS PER SHARE AND RETURN ON INVESTED CAPITAL IN YEAR ONE