Home Depot and Kingfisher are very similar businesses. Only the Atlantic Ocean divides them. Europe can provide a major growth runway for Home Depot.
Where Home Depot's share price has nearly tripled over 5 years, Kingfisher's has dropped about 30%. Now is the time to acquire fundamentally strong Kingfisher on the cheap.
Uncertainty in the U.K. has spooked investor sentiment. This deal will demonstrate that international business/deals will continue allaying international concerns and inspiring England domestically.
These two companies are very closely aligned, and I explain why this marriage is long overdue.