Feb 2 (Reuters) - CERF Inc CFL.V :
* Announces strategic acquisition of Zedcor Oilfield Rentals Ltd. and shift in corporate strategy from yield to growth
* Deal for about C$21 million
* Transaction is expected to be accretive to CERF shareholders on a 2016 cash flow per share basis
* Says management estimates annual operational and general and administrative cost saving synergies to be in excess of $1,200,000
* Says transaction will be leverage neutral to CERF's balance sheet in 2016
* CERF's board of directors have suspended the company's quarterly dividend until further notice
* Says as part of deal, CERF's lending syndicate has agreed to increase maximum senior net debt/EBITDA ratio to 4.25x for Q1
* Source text for Eikon ID:nCCNwYmbm
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