Home Depot Receives Canadian Competition Bureau Clearnace for GMS Deal-March 2024-www.financetom.com

Home Depot Receives Canadian Competition Bureau Clearnace for GMS Deal

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Home Depot Receives Canadian Competition Bureau Clearnace for GMS Deal

Aug 29, 2025 5:54 AM

08:42 AM EDT, 08/29/2025 (MT Newswires) -- Home Depot ( HD ) said Friday that it has received clearance from the Canadian Competition Bureau, in the form of a no-action letter, for the home improvement retailer's tender offer to purchase all outstanding shares of GMS for $110 per share.

The acquisition is taking place through a Home Depot ( HD ) unit, Gold Acquisition Sub, the company said.

Home Depot ( HD ) said the no-action letter satisfies remaining antitrust conditions for the deal's completion, which was announced on June 29.

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