Friday, June 15, 2007

UPDATE 1-Bids for Home Depot's supply unit due Fri-source

(Reuters) - PHILADELPHIA, June 15 - Offers for Home Depot Inc.'s supply division are due on Friday, according to a source involved with the deal, with two groups of private equity firms expected to be among the remaining bidders.



HD Supply, which analysts say could fetch about $10 billion, was put up for sale earlier this year. Lehman Brothers was hired to auction the business, which sells building materials, waste water and utility products to municipalities and contractors,


Read more at Reuters.com Mergers News

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