Brief: Home Depot Enters Into Agreement For SRS Distribution To Acquire GMS

GMS

30/06/2025 13:03

June 30 (Reuters) - GMS Inc GMS.N:

HOME DEPOT INC: SRS UNIT TO COMMENCE A CASH TENDER OFFER TO PURCHASE ALL OUTSTANDING SHARES OF GMS COMMON STOCK FOR $110 PER SHARE

HOME DEPOT INC: ENTERS INTO AGREEMENT FOR SRS DISTRIBUTION TO ACQUIRE GMS

HOME DEPOT INC: PROPOSED DEAL FOR TOTAL EQUITY VALUE OF ABOUT $4.3 BILLION

HOME DEPOT INC: DEAL HAS TOTAL ENTERPRISE VALUE (INCLUDING NET DEBT) OF APPROXIMATELY $5.5 BILLION

HOME DEPOT : DEAL IS EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS IN FIRST YEAR FOLLOWING CLOSING, EXCLUDING SYNERGIES

Source text: ID:nPn5zBpTVa

Further company coverage: GMS.N

 ((Reuters.Briefs@thomsonreuters.com;))