financetom
Business
financetom
/
Business
/
Home Depot Extends Tender Offer to Acquire GMS
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Home Depot Extends Tender Offer to Acquire GMS
Aug 25, 2025 6:16 AM

08:39 AM EDT, 08/25/2025 (MT Newswires) -- Home Depot ( HD ) said Monday its Gold Acquisition Sub unit has extended the expiration date of its tender offer to acquire all of the outstanding shares of GMS (GMS) to Sept. 3 from the initial deadline of Aug. 22.

In June, Home Depot ( HD ) announced that Gold Acquisition will acquire GMS at a price of $110 per share in cash, reflecting a total equity value of about $4.3 billion and implying a total enterprise value, including net debt, of about $5.5 billion.

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
US issues exemption for self-driving Zoox vehicles, closes probe
US issues exemption for self-driving Zoox vehicles, closes probe
Aug 6, 2025
(Reuters) -The National Highway Traffic Safety Administration said Wednesday it has certified Amazon.com's self-driving unit Zoox vehicles for demonstration use and closed a probe into whether they had complied with federal requirements. The U.S. auto safety agency in 2022 began a probe into whether the self-driving vehicles lacking traditional driving controls had met federal safety requirements when the company self-certified...
Instant View: Trump order imposes additional 25% tariff on goods from India
Instant View: Trump order imposes additional 25% tariff on goods from India
Aug 6, 2025
MUMBAI (Reuters) -U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil. The additional tariffs mean India will face the highest levy along with Brazil, putting it at a significant disadvantage against regional competitors such as Vietnam and Bangladesh. The tariffs are...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Pepsi accused of price discrimination in new merchant class action
Pepsi accused of price discrimination in new merchant class action
Aug 6, 2025
Aug 6 (Reuters) - Beverage giant PepsiCo ( PEP ) has been accused in a merchant lawsuit in U.S. court of illegally giving some retailers better price deals than others, in a case mirroring one that President Donald Trump's Federal Trade Commission abandoned. The proposed class action was filed on Tuesday in the federal court in Manhattan by the operator...
Copyright 2023-2026 - www.financetom.com All Rights Reserved