Home Depot Near Unit Sale

A report says the deal for the supply business could be announced later Tuesday.
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Home Depot

(HD) - Get Report

has reached a pact to sell its supply unit to three private-equity firms for north of $10 billion, according to a published report.

The New York Times

, citing people familiar with the sale, said Bain Capital, Carlyle Group and Clayton Dubilier & Rice will buy the supply operation.

The deal could be announced later Tuesday, the report said. Shares of Home Depot were up 15 cents at $38.11 in early trading.