Jan 29 (Reuters) - Mountain Province Diamonds Inc:
* MOUNTAIN PROVINCE DIAMONDS TO ACQUIRE KENNADY DIAMONDS IN A FRIENDLY ALL-SHARE OFFER
* MOUNTAIN PROVINCE DIAMONDS - KENNADY SHAREHOLDERS TO GET 0.975 OF A CO SHARE FOR EACH KENNADY SHARE REPRESENTING EQUIVALENT OF C$3.46/KENNADY SHARE
* MOUNTAIN PROVINCE DIAMONDS INC - IMPLIED EQUITY VALUE FOR KENNADY BASED ON EXCHANGE RATIO IS APPROXIMATELY C$176 MILLION Source text for Eikon: Further company coverage: