Reported 2 days ago
The Home Depot (NYSE:HD) has received a no action letter from the Canadian Competition Bureau, clearing the way for its tender offer to acquire GMS through its subsidiary, Gold Acquisition Sub, Inc. This approval fulfills the antitrust law condition necessary for the tender offer and merger agreement to proceed. Additionally, The Home Depot reported Q2 2025 sales of $45.3 billion, a 4.9% year-over-year increase, and maintained its FY 2025 sales growth guidance.
Source: YAHOO