Dec 20 (Reuters) - Imvescor Restaurant Group Inc IRG.TO
* Imvescor Restaurant Group to acquire Ben & Florentine
* Imvescor Restaurant Group Inc - asset transaction with total consideration of approximately $17.7 million payable
* Imvescor Restaurant Group Inc says expect this transaction to be immediately accretive to earnings, while creating a new growth oriented brand
* Imvescor Restaurant Group Inc - deal also includes an additional earn-out payment of up to $7.3 million payable in Q1 of 2018
* Imvescor Restaurant Group Inc says deal will be an asset transaction with total consideration of approximately $17.7 million payable at closing
* Imvescor Restaurant Group Inc - intends to finance acquisition through a combination of cash on hand and its existing credit facility Source text for Eikon: ID:nCNWblZ7sa Further company coverage: IRG.TO