Friday, June 15, 2007

Bids for Home Depot's supply group due Friday: source

(Reuters) - Several groups of private equity firms showed initial interest, but have since faded from the picture as the division has been hit by a housing market slowdown, according to sources close to the deal.




A group consisting of Thomas H. Lee Partners and CCMP Capital was among the remaining parties interested in the company, but as of Friday morning it was still unclear whether they would bid, the source involved with the deal said.


Read more at Reuters.com Business News

No comments: