Wednesday, November 29, 2006

Home Depot receiving calls on potential LBO deal - market report

Retailers Home Depot is receiving calls from bankers about potential take private deal, according to CNBC reporter Charles Gasparino, who cited industry sources.
The reporter named KKR as one of PE firms that “have run numbers” on Home Depot, also adding that it could be a hostile situation.
This would be the largest LBO deal ever, with a potential price tag of USD 100bn.
Home Depot has a market cap of USD 77bn.

2 Comments:

Anonymous Anonymous said...

These private equity groups have tons of money these days.

November 29, 2006 at 4:37:00 PM EST  
Anonymous Anonymous said...

Home Depot has denied such rumors.

December 1, 2006 at 5:10:00 PM EST  

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