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HomePage > News > Home Depot invests $8.7 billion in former subsidiary
Home Depot invests $8.7 billion in former subsidiary
    November 20,2020



On Monday, the US home improvement retail giant Home Depot announced that it would spend around $8.7 billion (the final offer is subject to change) to acquire HD Supply, the Wall Street Journal reported.

 

Home Depot has a long history with HD Supply, which Home Depot built, but in 2007, separated from the Home Depot Group and sold to a third party for $8.5 billion. After almost 13 years of ups and downs, HD Supply is back under the Home Depot banner.

 

Home Depot HD Supply
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