BRIEF-Home Depot Enters Into Agreement For SRS Distribution To Acquire GMS-March 2024-www.financetom.com

BRIEF-Home Depot Enters Into Agreement For SRS Distribution To Acquire GMS

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Home Depot Enters Into Agreement For SRS Distribution To Acquire GMS

Jun 30, 2025 5:40 AM

June 30 (Reuters) - GMS Inc ( GMS ):

* HOME DEPOT INC ( HD ): SRS UNIT TO COMMENCE A CASH TENDER OFFER

PURCHASE ALL OUTSTANDING SHARES OF GMS COMMON STOCK FOR $110 PER

* HOME DEPOT INC ( HD ): ENTERS INTO AGREEMENT FOR SRS DISTRIBUTION

ACQUIRE GMS

* HOME DEPOT INC ( HD ): PROPOSED DEAL FOR TOTAL EQUITY VALUE OF

ABOUT

$4.3 BILLION

* HOME DEPOT INC ( HD ): DEAL HAS TOTAL ENTERPRISE VALUE (INCLUDING

NET

DEBT) OF APPROXIMATELY $5.5 BILLION

* HOME DEPOT ( HD ) : DEAL IS EXPECTED TO BE ACCRETIVE TO ADJUSTED

EPS IN

FIRST YEAR FOLLOWING CLOSING, EXCLUDING SYNERGIES

Source text:

Further company coverage:

Previous page： BRIEF-Tandy Leather Factory Announces Agreement To Sell Headquarters Facilities Next page： Boeing's top lobbyist departing planemaker -CEO

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

BRIEF-Tandy Leather Factory Announces Agreement To Sell Headquarters Facilities

Dec 6, 2024

Dec 6 (Reuters) - Tandy Leather Factory Inc ( TLF ): * TANDY LEATHER FACTORY ANNOUNCES AGREEMENT TO SELL HEADQUARTERS FACILITIES * TANDY LEATHER FACTORY INC ( TLF ) - SALE PRICE FOR TANDY LEATHER FACILITIES SET AT $26.5 MILLION Source text: Further company coverage: ...

Boeing's top lobbyist departing planemaker -CEO

Dec 6, 2024

WASHINGTON, Dec 6 (Reuters) - Boeing's ( BA ) head of government affairs and top lobbyist is leaving effective immediately, the planemaker's CEO told employees in an email Friday. Ziad Ojakli, who took over as head of Boeing ( BA ) government operations in September 2021 and previously headed Ford Motor and Softbank government affairs offices, is stepping down and...

US judge won't lift block on rule capping credit card late fees at $8

Dec 6, 2024

(Reuters) - A federal judge in Texas on Friday rejected a request by the Consumer Financial Protection Bureau to lift an order that blocked a new rule capping credit card late fees at $8, a policy challenged by business and banking groups. U.S. District Judge Mark Pittman in Fort Worth declined to dissolve an injunction he issued in May that...

Boeing's top lobbyist departing planemaker -CEO

Dec 6, 2024

WASHINGTON (Reuters) - Boeing's ( BA ) head of government affairs and top lobbyist is leaving effective immediately, the planemaker's CEO told employees in an email Friday. Ziad Ojakli, who took over as head of Boeing ( BA ) government operations in September 2021 and previously headed Ford Motor and Softbank government affairs offices, is stepping down and will be...