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Clayton, Dubilier & Rice (CD&R) agreed to acquire HD Supply's Construction & Industrial business (White Cap) and combine it with Construction Supply Group (CSG) in a transaction valued at approximately $4 billion. CD&R funds will hold a 65% ownership interest in the combined company.
HD Supply Holdings Inc. acquired A.H. Harris Construction Supplies for $380 million. A.H. Harris has more than 50 locations from the Carolinas to New England.