Report: Home Depot to Sell HD Supply

New York, NY, June 19, 2007—Home Depot has agreed to sell its supply division for more than $10 billion, sources close to the deal said on Tuesday.

Bain Capital, Carlyle Group and Clayton, Dubilier & Rice won the auction and were finalizing the deal early on Tuesday sources said.

Carlyle could not immediately be reached. All other companies declined to comment.