March 28 (Reuters) - Home Depot Inc:

* THE HOME DEPOT ANNOUNCES AGREEMENT TO ACQUIRE SRS DISTRIBUTION, A LEADING SPECIALTY TRADE DISTRIBUTOR ACROSS MULTIPLE VERTICALS; EXPANDS OFFERING AND CAPABILITIES FOR PRO CUSTOMERS; INCREASES TOTAL ADDRESSABLE PRO MARKET BY APPROXIMATELY $50 BILLION

* THE HOME DEPOT ANNOUNCES AGREEMENT TO ACQUIRE SRS DISTRIBUTION, A LEADING SPECIALTY TRADE DISTRIBUTOR ACROSS MULTIPLE VERTICALS; EXPANDS OFFERING AND CAPABILITIES FOR PRO CUSTOMERS; INCREASES TOTAL ADDRESSABLE PRO MARKET BY APPROXIMATELY $50 BILLION

* HOME DEPOT INC: PROPOSED DEAL FOR TOTAL ENTERPRISE VALUE (INCLUDING NET DEBT) OF APPROXIMATELY $18.25 BILLION

* HOME DEPOT INC: TRANSACTION IS EXPECTED TO BE FUNDED THROUGH CASH ON HAND AND DEBT.

* HOME DEPOT INC: TRANSACTION IS EXPECTED TO BE DILUTIVE TO EARNINGS-PER-SHARE (EPS) FROM A GAAP PERSPECTIVE

* HOME DEPOT INC: TRANSACTION IS EXPECTED TO BE ACCRETIVE FROM A CASH EPS PERSPECTIVE IN FIRST YEAR, POST-CLOSING, EXCLUDING SYNERGIES Source text for Eikon: Further company coverage: