March 28 (Reuters) - Home Depot Inc ( HD ):

* THE HOME DEPOT ANNOUNCES AGREEMENT TO ACQUIRE SRS

DISTRIBUTION,

A LEADING SPECIALTY TRADE DISTRIBUTOR ACROSS MULTIPLE VERTICALS;

EXPANDS OFFERING AND CAPABILITIES FOR PRO CUSTOMERS; INCREASES

TOTAL ADDRESSABLE PRO MARKET BY APPROXIMATELY $50 BILLION

* THE HOME DEPOT ANNOUNCES AGREEMENT TO ACQUIRE SRS

DISTRIBUTION,

A LEADING SPECIALTY TRADE DISTRIBUTOR ACROSS MULTIPLE VERTICALS;

EXPANDS OFFERING AND CAPABILITIES FOR PRO CUSTOMERS; INCREASES

TOTAL ADDRESSABLE PRO MARKET BY APPROXIMATELY $50 BILLION

* HOME DEPOT INC ( HD ): PROPOSED DEAL FOR TOTAL ENTERPRISE VALUE

(INCLUDING NET DEBT) OF APPROXIMATELY $18.25 BILLION

* HOME DEPOT INC ( HD ): TRANSACTION IS EXPECTED TO BE FUNDED

THROUGH

CASH ON HAND AND DEBT.

* HOME DEPOT INC ( HD ): TRANSACTION IS EXPECTED TO BE DILUTIVE TO

EARNINGS-PER-SHARE (EPS) FROM A GAAP PERSPECTIVE

* HOME DEPOT INC ( HD ): TRANSACTION IS EXPECTED TO BE ACCRETIVE

FROM A

CASH EPS PERSPECTIVE IN FIRST YEAR, POST-CLOSING, EXCLUDING

SYNERGIES

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