Home Depot to cut unit sale price by $1.8 billion: sources
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Home Depot Inc  agreed to cut the price in its supply division sale to buyout firms by $1.8 billion, sources said on Sunday, as a housing market drop and a credit crunch forced all sides to renegotiate.
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Home improvement retailer Home Depot  Inc.  on Tuesday cut its 2007 earnings outlook, citing  weakness in the U.S. housing market.
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Shares of Home Depot Inc. , the largest U.S. home improvement retailer, may extend gains amid solid expected growth in sales of homes and home improvement products, according to the latest edition of Barron's, the weekly financial newspaper.
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Home Depot  is close to  accepting about $1.2 billion less for the sale of its wholesale  distribution business to three private equity firms, The Wall  Street Journal reported on Thursday.
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Home Depot Inc  said on Tuesday it agreed to cut the price of its supply division sale to buyout firms by $1.8 billion, as a housing market drop and a credit crunch forced all sides to renegotiate.
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The Home Depot Inc. announced Tuesday it will sell its wholesale distribution business to a group of private equity firms for $10.3 billion.
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NEW YORK -- Home Depot Inc. has agreed to cut the price in its supply division sale to private equity firms by $1.8 billion, sources said yesterday, as the auction fell victim to the credit crunch and a housing market decline.
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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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DIY chain Home Depot sells its supply unit to a private equity group for almost $2bn less than originally agreed.
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ATLANTA -- The Home Depot Inc. said Tuesday it has agreed to sell its wholesale distribution business to a private equity group for $8.5 billion _ about $1.8 billion less than originally agreed.
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The Home Depot Inc. said Tuesday it will sell its wholesale distribution business to a group of private equity firms for $10.3 billion over the objection of some shareholders.
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Home Depot agreed to sell its construction supply division to three private-equity firms for $10.3 billion, unloading one of the last legacies of its former chief executive, Robert Nardelli.
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Home Depot agreed yesterday to sell its commercial supply business to an alliance of private equity firms for $8.5 billion, nearly $2 billion less than the original agreement.
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Home improvement retailer Home Depot  Inc , pressured by the slumping housing market, on  Thursday said it would cut 500 jobs at its Atlanta store  support center, or about 10 percent of the headquarters staff.
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Home Depot Inc  said on Tuesday  it agreed to cut the price of its supply division sale to  buyout firms by $1.8 billion, as a housing market drop and a  credit crunch forced all sides to renegotiate.
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Retailer Kmart Holdings Corp. (KMRT.O) on Monday said it finalized a deal to sell 18 of its stores to Home Depot Inc. (HD.N) for &#36;271 million.