Newspaper wrap-up: Home Depot deal gets done
Posted Aug 27th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, Ford Motor (F), Home Depot (HD), Altria Group (MO)
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MAJOR PAPERS:
OTHER PAPERS:
- The Washington Post reported that Home Depot Inc (NYSE: HD) has made a deal to sell its supply arm, HD Supply, for $8.5B, down from the original price of $10.3B, to a consortium of private equity firms headed by Carlyle Group, inside sources say.
- According to a sources with knowledge of the discussions, Altria Group Inc (NYSE: MO) is considering spinning off its Philip Morris International division as part of a restructuring plan to increase shareholder value, reported the New York Times.
- A Chinese technology company has expressed interest in buying Seagate Technology (NYSE: STX), reported the New York Times.
- According to senior industry analysts, Dr. Reddy's Laboratories (NYSE: RDY) is eyeing U.S. based Bradley Pharmaceuticals Inc (NYSE: BDY), which is expected to be valued at between $380M-$400M, reported the Economic Times.
Tags: altria, bdy, bradley, dr reddy's, dr reddys, DrReddy's, DrReddys, economic times, EconomicTimes, f, ford, hd, home depot, HomeDepot, mo, new york times, newspaper, NewYorkTimes, ny times, NyTimes, paper, periodical, rdy, seagate, stx, wall street journal, WallStreetJournal, washington post, WashingtonPost, wsj
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