HD Supply (HDS) - NASDAQ
  • Jul. 15, 2015, 5:12 PM
    • Anixter International (NYSE:AXE) agrees to acquire HD Supply's (NASDAQ:HDS) Power Solutions unit for $825M, in a deal AXE says will transform it into a leading North American electrical distribution platform.
    • The Power Solutions unit provides a range of products and services to publicly traded utilities, construction and industrial companies.
    • AXE expects the deal to be accretive to earnings in the first full year of operation.
    • After the sale, HDS says it now sees Q2 adjusted EPS of $0.50-$0.56 and revenues of $1.96B-$2.02B; the figures may not compare to analyst consensus estimates of $0.65 EPS on $2.53B revenues.
    | Jul. 15, 2015, 5:12 PM
Company Description
HD Supply Holdings, Inc. operates as an industrial distributor company in North America. The company offers products and services to the maintenance, repair & operations, infrastructure & power and specialty construction market sectors in the U.S. and Canada. It operates through four business... More
Industry: Industrial Equipment & Components
Country: United States