Tuesday, January 2, 2007

Home Depot: PE group could be willing to table USD 100bn offer - report

Home Depot, the Georgia listed home improvement retail operator, could possibly be taken out for USD 100bn, suggested a report in the Globe and Mail.
According to an unsourced section of a 2 January report, American private equity concerns Texas Pacific Group and KKR could possibly be willing to table that amount for the American retailer that recently acquired a Chinese business.
The report, which focused on the potential for more private equity buyouts in 2007, noted that the idea of a private equity group willing to table USD 100bn for a target would have been deemed ridiculous by investors just a few years back.


Post a Comment

Subscribe to Post Comments [Atom]

<< Home