Retail giant The Home Depot said today it will “restructure” the terms of its $10.3 billion (€7.7 million) agreement to sell its HD Supply Division to Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice, possibly resulting in a lower sale price.
HD Supply deal may get lower price tag
As the credit market continues to tighten, Home Depot is working with Bain, Carlyle and Clayton Dubilier & Rice to renegotiate the agreed $10.3 billion sale of its HD Supply Division.