HD Supply Holding, Inc., Atlanta, owner of HD Supply, says it has a definitive agreement to sell its HD Supply Power Solutions business unit to Anixter International for $825 million in cash. The transaction is expected to close in HD Supply’s third quarter of fiscal 2015 subject to customary regulatory approvals. The deal is the largest ever acquisition by Anixter, and suggests a departure for the company. HD Supply Power Solutions is a large utility-oriented multi-line distributor ...
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