There has been a delay in the closing of the
$10.3 billion sale of HD Supply, Home Depot Inc.’s wholesale distribution arm.
Private equity firms Clayton Dubilier & Rice, Carlyle Group, and Bain
Capital have pushed the sale from Aug. 16 to Aug. 23, and could fail to move
forward. Home Depot's discussions on restructuring the sale with affiliates of
the three firms could lead to a lowering of the sale price.
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Check out Plumbing & Mechanical's September 2017 issue, featuring our cover story on PHCC CONNECT 2017. Other features include the benefits of heat pump water heaters, preventing cockroach infestations with drain maintenance, and much more.