Aug. 17, 2007 - HD Supply Sale Delayed
August 17, 2007
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.