May 30 (Reuters) - Superior Plus Corp SPB.TO :
* SUPERIOR PLUS TO ACQUIRE NGL'S RETAIL PROPANE BUSINESS - SIGNIFICANTLY EXPANDING ITS U.S. ENERGY DISTRIBUTION PLATFORM
* SUPERIOR PLUS CORP - DEAL FOR US$900 MILLION
* SUPERIOR PLUS - TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO ADJUSTED OPERATING CASH FLOW BEFORE REALIZATION OF SYNERGIES
* SUPERIOR PLUS CORP - TRANSACTION EXPECTED TO PRODUCE DOUBLE-DIGIT AOCF ACCRETION WHEN ANNUALIZED RUN-RATE SYNERGIES ARE INCLUDED
* SUPERIOR PLUS CORP - FROM DEAL EXPECTED TO GENERATE SIGNIFICANT RUN-RATE SYNERGIES ESTIMATED AT US$20-25 MILLION WITHIN 24 MONTHS AFTER CLOSING
* SUPERIOR PLUS CORP -ENTERED INTO AN AGREEMENT WITH A SYNDICATE OF UNDERWRITERS CO-LED BY TD SECURITIES INC. AND CIBC CAPITAL MARKETS
* SUPERIOR PLUS - ENTERED AGREEMENT TO ISSUE ABOUT CDN$400 MILLION OF SUBSCRIPTION RECEIPTS TO FINANCE A PORTION OF PURCHASE PRICE IN RESPECT OF TRANSACTION