Home Depot (HD) to Acquire HD Supply Holdings (HDS) for $56 Per Share

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Go back to Home Depot (HD) to Acquire HD Supply Holdings (HDS) for $56 Per Share

The Home Depot Announces Agreement to Acquire HD Supply Holdings, Inc.

November 16, 2020 8:00 AM EST

Acquisition to Accelerate Sales Growth; Expected to be Accretive to Earnings Per Share in 2021

ATLANTA, Nov. 16, 2020 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced it has entered into a definitive agreement to acquire HD Supply Holdings, Inc., a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets. The acquisition is expected to position The Home Depot as a premier provider in the MRO marketplace.

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