Dec 3 (Reuters) - Equitable Group Inc EQB.TO :
* EQUITABLE GROUP TO ACQUIRE EQUIPMENT FINANCE COMPANY IN ACCRETIVE, ALL-CASH TRANSACTION
* EQUITABLE GROUP INC - ESTIMATED FINAL PURCHASE PRICE OF $47 MILLION
* EQUITABLE GROUP INC - ALL-CASH TRANSACTION WILL BE IMMEDIATELY ACCRETIVE TO EQUITABLE'S EARNINGS, IN RANGE OF $0.35 TO $0.40 PER SHARE
* EQUITABLE GROUP INC - ALL-CASH TRANSACTION WILL BE IMMEDIATELY ACCRETIVE TO EQUITABLE'S EARNINGS
* EQUITABLE GROUP INC - EXPECTS THAT FUNDING CAPABILITIES WILL REDUCE BENNINGTON'S COST OF FUNDS BY OVER 100 BASIS POINTS
* EQUITABLE GROUP INC - WILL RECOGNIZE AN ACQUISITION RELATED PROVISION FOR CREDIT LOSSES ON PERFORMING LEASES OF UP TO $9 MILLION IN Q1 OF NEXT YEAR
* EQUITABLE GROUP - UNDER LEADERSHIP OF LARRY MLYNOWSKI, CEO & TROY CAMPBELL, PRESIDENT & COO BENNINGTON WILL OPERATE AS SUBSIDIARY OF EQUITABLE BANK
* EQUITABLE GROUP - EXPECT CO'S CET1 RATIO WILL DECREASE BY ABOUT 0.7% AFTER ACQUISITION
* EQUITABLE GROUP - CONFIDENT THAT WE CAN REBUILD OUR CAPITAL ORGANICALLY OVER COURSE OF 2019
* EQUITABLE - WILL STILL HAVE CAPITAL RATIOS EXCEEDING REGULATORY STANDARDS & LEVELS OF OTHER 8 PUBLICLY LISTED SCHEDULE I BANKS IN CANADA AFTER DEAL