February 21, 2017 / 7:24 AM / 5 months ago

BRIEF-Wolseley to merge Swiss plumbing, heating unit with Walter Meier AG

1 Min Read

Feb 21 (Reuters) - Wolseley Plc:

* Proposed merger of Tobler with Walter Meier

* Wolseley has signed an agreement to merge Tobler, its Swiss plumbing and heating business, with Walter Meier

* If it is completed, Wolseley expects to receive cash consideration of CHF117.8 million and a 39.2 pct minority holding Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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