Canada's Just Energy to sell water heater, aircon business

Thu Jun 5, 2014 6:16am EDT
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June 5 (Reuters) - Natural gas and electricity retailer Just Energy Group Inc said it would sell its water heater and heating ventilation and air conditioning home services business to Reliance Comfort Ltd Partnership for $505 million.

The purchase price includes a debt of $273 million. (Reporting by Sneha Banerjee in Bangalore; Editing by Kirti Pandey)