March 12, 2018 / 10:40 AM / in 2 months

BRIEF-Clorox Co Says Will Pay $700 Million To Acquire Nutranext

March 12 (Reuters) - Clorox Co:

* CLOROX ANNOUNCES AGREEMENT TO ACQUIRE NUTRANEXT, A LEADER IN DIETARY SUPPLEMENTS

* CLOROX CO - WILL PAY $700 MILLION TO ACQUIRE NUTRANEXT

* CLOROX CO - EXPECTS TO FUND TRANSACTION THROUGH A COMBINATION OF AVAILABLE CASH AND DEBT FINANCING

* CLOROX CO - ACQUISITION WILL DILUTE EPS BY 7-11 CENTS IN Q4 OF ITS CURRENT FISCAL YEAR, ENDING JUNE 30, 2018, AND BY 8-12 CENTS IN FISCAL YEAR 2019

* CLOROX - PRELIMINARY ESTIMATES INDICATE DEAL WILL BE ACCRETIVE TO EPS IN FISCAL YEAR 2020 Source text for Eikon: Further company coverage:

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