Financial Times FT.com

Private equity

Home Depot supply deal in doubt

By James Politi in New York

Published: August 23 2007 01:38 | Last updated: August 23 2007 19:20

Home Depot shares slipped on Thursday as plans to sell its wholesale supply unit to private equity hung in the balance amid doubts over the willingness of investment banks to fund the deal, even at a lower price.

Over the past few weeks, Home Depot, the second-largest US retailer, has been in talks with Bain Capital, Carlyle and Clayton Dubilier & Rice about a renegotiation of the $10.3bn all-cash deal, which was unveiled in June.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this