Home Depot Agrees to Sell Supply Unit
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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U.S. home improvement retailer Home Depot Inc.  said on Wednesday it had signed an agreement to buy Chinese home improvement retailer The Home Way, marking its first foray into retailing in China.
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Home Depot Inc. said Tuesday said it will begin selling home appliances on its company Web site. The home improvement retailer said consumers will be able to buy more than 1,800 products online, including
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- Home Depot Inc  said it completed the sale of its wholesale supply business, HD Supply, to buyout firms on the same terms announced earlier this week.
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Will the HD Supply drama spawn any sequels? That&#8217;s the question lingering in market watchers&#8217; minds after Home Depot agreed on Sunday to make several concessions in the sale of its wholesale supply unit, including lowering the price by $1.8 billion and keeping a sizable stake in the unit. As the credit markets remain frozen, anxious [...].
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U.S. home improvement retailer Home  Depot Inc.  said on Wednesday it had signed an agreement  to buy Chinese home improvement retailer The Home Way, giving  it a retail presence in China with 12 stores in six cities.
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Kmart Holding Corp. will sell 18 stores to Atlanta-based The Home Depot Inc. for $271 million. Home Depot had previously agreed to buy up to 24 Kmart (Nasdaq: KMRT) stores for a price of up to $365 million.
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Discount retailer Kmart Holding Corp. said Monday that it finalized a transaction to sell 18 stores to Home Depot Inc. for a total price of &#36;271 million in cash.
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The home improvement chain will fund a share repurchase program with proceeds from the sale of its HD Supply unit.
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U.S. retailer Home Depot Inc.  is  preparing to spend $100 million on a majority stake in Chinese  chain HomeWay in a deal that will be unveiled in China this  week, the Financial Times said on Monday.
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Retailer Kmart Holdings Corp. (KMRT.O: Quote, Profile, Research) on Monday finalized a deal to sell 18 of its stores to Home Depot Inc.
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You gotta hand it to Home Depot (NYSE: HD). Big as the company is, it doesn&#39;t waste time in reacting when it sees either an opportunity or a threat to its business.
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The home improvement chain sold its supply unit to a group of private equity firms for more than $10.3 billion.
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Home Depot Inc  raised its fiscal-year earnings forecast slightly on Monday after the home-improvement retailer agreed to buy back 289.3 million shares of its common stock for $10.7 billion.
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Home Depot, the world&#39;s largest home-improvement retailer, said Tuesday it would sell its wholesale supply division to a private equity consortium for 8.5 billion dollars, a steep discount from the initial price.
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Shares of Home Depot Inc.  rose 2 percent on Monday after published reports, citing unnamed sources, said the home improvement retailer agreed to cut the price in the sale of its supply unit by $1.8 billion to $8.5 billion.
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Home Depot, America&#39;s biggest home products retailer, reached a deal to sell its wholesale supply arm for over 10 billion dollars to three private equity firms, US media reports said Tuesday.