(Reuters) - NEW YORK, June 19 - Home improvement retailer
Home Depot Inc. on Tuesday said it would repurchase
$22.5 billion in stock and sell its supply division to three
private equity firms for $10.3 billion as it refocuses on its
core retail business.
The sale of HD Supply to Bain Capital Partners, Carlyle
Group and Clayton, Dubilier & Rice unloads a business
built up by the home improvement retailer's former chief
executive.
Read more at Reuters.com Bonds News
Home Depot Inc. on Tuesday said it would repurchase
$22.5 billion in stock and sell its supply division to three
private equity firms for $10.3 billion as it refocuses on its
core retail business.
The sale of HD Supply to Bain Capital Partners, Carlyle
Group and Clayton, Dubilier & Rice unloads a business
built up by the home improvement retailer's former chief
executive.
Read more at Reuters.com Bonds News
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