BRIEF-Canwel Building Materials says agreed to acquire business of Total Forest Industries

Mon Aug 29, 2016 8:19am EDT
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Aug 29 (Reuters) - Canwel Building Materials Group Ltd

* Deal Expected To Be Accretive To Earnings As Early As Current Fiscal Year

* Agreed In Principle To Acquire Business Of Total Forest Industries

* Purchase Price For Plant Will Be Paid In Cash From Company's Existing Credit Facilities Source text for Eikon: Further company coverage: