HD Supply to be acquired by The Home Depot, Inc. for $8.8 billion
Clients HD Supply, Inc.
Jones Day is advising HD Supply, Inc. ("HDS") in its $8.8 billion acquisition by The Home Depot, Inc. ("Home Depot"). HDS and Home Depot have entered into a definitive agreement pursuant to which Home Depot will acquire HDS for a purchase price of $56 per share. The acquisition will result in the merger of HDS, a leading wholesale MRO distributor in North America, with Home Depot, the world’s largest home improvement retailer. The acquisition is expected to be completed prior to January 31, 2021.