June 21, 2017 / 11:36 AM / 2 months ago

BRIEF-Watsco unit acquires 35 pct ownership of Russell Sigler

June 21 (Reuters) - Watsco Inc:

* Watsco unit acquires 35% ownership of Russell Sigler Inc, a $650 million Western U.S. HVAC distributor

* Watsco unit acquires 35% ownership of Russell Sigler Inc, a $650 million Western U.S. HVAC distributor

* Watsco Inc - consideration for purchase was approximately $63.6 million paid in cash

* Watsco Inc - Watsco has exclusive rights to purchase ownership interests from current shareholders that may elect to sell in future Source text for Eikon: Further company coverage:

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