March 12 (Reuters) - Virtusa Corp:
* VIRTUSA EXPANDS DIGITAL ENGINEERING CAPABILITIES WITH THE ACQUISITION OF ETOUCH
* VIRTUSA CORP - DEAL FOR APPROXIMATELY $140.0 MILLION
* VIRTUSA CORP - FOR Q4, MANAGEMENT CURRENTLY EXPECTS ETOUCH TO CONTRIBUTE REVENUE OF APPROXIMATELY $5.0 MILLION
* VIRTUSA CORP - PURCHASE PRICE WILL BE PAID IN THREE TRANCHES WITH $80.0 MILLION PAID AT CLOSING
* VIRTUSA CORP - EXPECTS ETOUCH ACQUISITION TO BE DILUTIVE TO GAAP EARNINGS PER SHARE FOR FISCAL YEAR ENDING MARCH 31, 2019
* VIRTUSA CORP - EXPECTS DEAL TO BE ACCRETIVE TO NON- GAAP EARNINGS PER SHARE FOR FISCAL YEAR ENDING MARCH 31, 2019
* VIRTUSA - TO USE $70 MILLION OF DELAYED DRAW TERM-LOAN FROM EXISTING CREDIT FACILITY,$10 MILLION OF CASH ON HAND TO MAKE PAYMENTS DUE AT DEAL CLOSING Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)