Nov 5 (Reuters) - Greencross Ltd GXL.AX :
* GREENCROSS ENTERS INTO SCHEME IMPLEMENTATION AGREEMENT
* DEAL FOR $5.55 PER SHARE
* ENTERED INTO A SCHEME IMPLEMENTATION AGREEMENT WITH VERMONT AUS PTY LTD TO ACQUIRE 100% OF GREENCROSS SHARES
* DEAL INVOLVES PAYMENT OF A FULLY-FRANKED PERMITTED DIVIDEND OF UP TO $0.21 PER SHARE ON OR SHORTLY BEFORE IMPLEMENTATION DATE OF SCHEME
* GREENCROSS DIRECTORS UNANIMOUSLY RECOMMEND SCHEME
* SCHEME IS EXPECTED TO BE IMPLEMENTED IN 1H CY2019