(Reuters) - Several groups of private equity firms showed initial interest, but have since backed away as the slowdown in the U.S. housing market has hurt HD Supply, according to sources close to the deal.
The company launched the supply business in 1997 and expanded it by acquiring companies like water and sewer products supplier National Waterworks Holdings in 2005 and Hughes Supply in 2006. Home Depot paid $3.2 billion for Hughes Supply.
Read more at Reuters.com Mergers News
The company launched the supply business in 1997 and expanded it by acquiring companies like water and sewer products supplier National Waterworks Holdings in 2005 and Hughes Supply in 2006. Home Depot paid $3.2 billion for Hughes Supply.
Read more at Reuters.com Mergers News
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