
Builders' merchant Travis Perkins has agreed to purchase plumbing and heating company BSS Group for £557.6 million.
The cash and shares deal values BSS shares at 435.8 pence, a 4.7% premium on Friday's closing price of 416.2p. It is the largest acquisition by Travis Perkins since the £950 million takeover of the Wickes DIY chain in 2005.

