July 18 (Reuters) - Intertape Polymer Group Inc ITP.TO :
* INTERTAPE POLYMER GROUP ANNOUNCES AGREEMENT TO ACQUIRE POLYAIR INTER PACK
* INTERTAPE POLYMER GROUP INC - DEAL FOR APPROXIMATELY $146 MILLION
* INTERTAPE POLYMER GROUP - ESTIMATES POLYAIR WILL BE ACCRETIVE TO IPG EARNINGS IN 2019, EXCLUDING DEAL COSTS, INTEGRATION COSTS, AMONG OTHERS
* INTERTAPE POLYMER GROUP INC - ESTIMATES POLYAIR WILL GENERATE ABOUT $20 MILLION TO $22 MILLION IN ADJUSTED EBITDA BY 2021
* INTERTAPE POLYMER GROUP INC - NO CASH OR DEBT WILL BE ACQUIRED IN TRANSACTION.
* INTERTAPE POLYMER GROUP INC - IPG EXPECTS TO FUND ACQUISITION WITH FUNDS AVAILABLE UNDER IPG'S $600 MILLION CREDIT FACILITY