Jan 27 (Reuters) - Savaria Corp SIS.TO :
* SAVARIA ANNOUNCES CASH OFFER TO ACQUIRE SWEDISH LISTED COMPANY HANDICARE GROUP AB FOR A TOTAL ENTERPRISE VALUE OF CAD521 MILLION, TO CREATE A GLOBAL LEADER IN ACCESSIBILITY
* SAVARIA CORP - DEAL FOR SEK50.00 PER SHARE
* SAVARIA CORP - DEAL FOR A TOTAL ENTERPRISE VALUE OF SEK3.4 BILLION
* SAVARIA - PROVIDED OFFER IS SUCCESSFUL, ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO SAVARIA'S PRO FORMA COMBINED 2020 FREE CASH FLOW PER SHARE
* SAVARIA CORP - BOARD OF HANDICARE HAS CONFIRMED TO SAVARIA THAT IT HAS UNANIMOUSLY DECIDED TO RECOMMEND THAT HANDICARE'S SHAREHOLDERS ACCEPT OFFER
* SAVARIA CORP - Q4 REVENUE IS EXPECTED TO BE ABOUT CAD90 MILLION, REPRESENTING A DECREASE OF ABOUT 6% FROM SAME PERIOD IN 2019
* SAVARIA - ACQUISITION, RELATED COSTS TO BE FUNDED THROUGH COMBINATION OF NEW CREDIT FACILITIES & EQUITY PRIVATE PLACEMENTS