Home Depot (HD) extended the expiration date of its tender offer for GMS Inc. to September 3, 2025, at $110 a share. The acquisition aims to strengthen its position in the market for professional contractors after a $18 billion acquisition of SRS Distribution.

The offer extension allows Home Depot to satisfy remaining conditions under the Canadian Competition Act. The deal, subject to regulatory approval, will boost the company’s presence in the professional contractor segment. Home Depot operates over 2,300 stores worldwide, offering a wide range of products and services for DIY projects.

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Read more at Yahoo Finance: Home Depot (HD) Extends Tender Offer Expiration for GMS Deal