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HD Supply Selling White Cap

HD Supply Holdings agreed to sell its White Cap, Home Improvement Solutions, and Brafasco construction and industrial divisions to Clayton, Dubilier & Rice for $2.9 billion. The deal is expected to close in October.

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HD Supply Holdings agreed to sell its White Cap, Home Improvement Solutions, and Brafasco construction and industrial divisions to Clayton, Dubilier & Rice for $2.9 billion. The deal is expected to close in October.

White Cap CEO John Stegeman and president Alan Sollenberger will stay on to head the businesses.

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