Nov 16 (Reuters) - Intertape Polymer Group Inc ITP.TO :
* INTERTAPE POLYMER GROUP ACQUIRES OUTSTANDING POWERBAND INTEREST
* INTERTAPE POLYMER GROUP INC - PROPOSED DEAL FOR $9.9 MILLION
* INTERTAPE POLYMER - NOW OWNS ALL OF ISSUED AND OUTSTANDING COMMON SHARES OF POWERBAND AFTER THIS DEAL WHICH IS SUBJECT TO REGULATORY APPROVAL IN INDIA