Home Depot in Talks to Restructure HD Supply Deal - Modern Distribution Management

Home Depot in Talks to Restructure HD Supply Deal

The Home Depot, Atlanta, GA, announced it is in discussions with Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice with the aim of restructuring their agreement for the sale of HD Supply.
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These discussions could result, among other things, in a reduction in the $10.3 billion purchase price. The announcement&nbsp ; may be a result of tightening credit markets,&nbsp ; which would make it more difficult to raise the cash needed to buy the unit.

No other details on the discussions were released.
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In mid-June, Home Depot announced it would sell its wholesale division, a $12 billion unit, to the trio of private equity firms for roughly 10X-12X EBITDA. Read the original article here. …

The Home Depot, Atlanta, GA, announced it is in discussions with Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice with the aim of restructuring their agreement for the sale of HD Supply.
&nbsp ;
These discussions could result, among other things, in a reduction in the $10.3 billion purchase price. The announcement&nbsp ; may be a result of tightening credit markets,&nbsp ; which would make it more difficult to raise the cash needed to buy the unit.

No other details on the discussions were released.
&nbsp ;
In mid-June, Home Depot announced it would sell its wholesale division, a $12 billion unit, to the trio of private equity firms for roughly 10X-12X EBITDA. Read the original article here. …

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