July 29 (Reuters) - Ipl Plastics Inc IPLP.TO :
* MADISON DEARBORN PARTNERS AGREES TO ACQUIRE IPL PLASTICS INC.
* IPL PLASTICS INC - DEAL FOR C$10.00 IN CASH PER SHARE
* IPL PLASTICS INC - TRANSACTION VALUES IPLP AT C$555 MILLION ON AN EQUITY BASIS AND AT C$981 MILLION ON AN ENTERPRISE BASIS.
* IPL PLASTICS INC - CDPQ PLANS TO CONTINUE TO SUPPORT DEVELOPMENT OF COMPANY IN QUEBEC AND ABROAD
* IPL PLASTICS - MAJORITY OF OUTSTANDING SHARES OWNED BY CDPQ ARE EFFECTIVELY TO BE ROLLED OVER AT IMPLIED VALUE PER SHARE EQUAL TO PURCHASE PRICE
* IPL PLASTICS INC - UNIT OF CDPQ WILL HOLD A MINORITY EQUITY INTEREST OF APPROXIMATELY 24.9% AFTER DEAL
* IPL PLASTICS INC - AGREEMENT HAS A GO-SHOP PROVISION WITH AN INITIAL 30-DAY PERIOD