NEW YORK (S&P Global Ratings) Nov. 17, 2020--S&P Global Ratings said today that home improvement retailer Home Depot Inc.?s (A/Stable/A-1) acquisition of HD Supply Holdings Inc. could strengthen Home Depot's market position among professional customers and operating capabilities, including supply chain and purchasing synergies. HD Supply is a distributor of maintenance, repair, and operations products in the U.S. and Canada. We believe integration risks are manageable given Home Depot's history with HD Supply (the business was sold by Home Depot in 2007), and management's depth and experience. Under the terms of the transaction, Home Depot will purchase all outstanding shares of HD Supply for $56 per share, for an estimated total enterprise value of about $8 billion. The company is
