Aug 25 (Reuters) - Superior Plus Corp SPB.TO :
* SUPERIOR PLUS ANNOUNCES US $159 MILLION ACQUISITION EXPANDING ITS U.S. PROPANE DISTRIBUTION BUSINESS IN THE NORTHEAST U.S.
* SUPERIOR PLUS CORP - ENTERED INTO AGREEMENT TO ACQUIRE ASSETS OF RETAIL PROPANE & HEATING OIL DISTRIBUTION COMPANY, RYMES PROPANE AND OIL
* SUPERIOR PLUS CORP - DEAL EXPECTED TO INCREASE SUPERIOR'S 2020 ADJUSTED EBITDA
* SUPERIOR PLUS CORP - ANTICIPATES DRAWING ON ITS CREDIT FACILITY TO FUND AMOUNT OF PURCHASE PRICE DUE ON CLOSING