Sept 4 (Reuters) - Reece Ltd REH.AX :
* ANNOUNCES ACQUISITION OF SOUTHERN CALIFORNIA PLUMBING SUPPLY WHOLESALER, TODD PIPE & SUPPLY, LLC
* ACQUISITION COMPRISES CONSIDERATION OF US$122 MLN, WITH A FURTHER US$38 MLN DEFERRED UNTIL 31 DECEMBER 2021
* ACQUISITION WILL BE CASH AND DEBT FUNDED