CD&R announces agreement to buy HD Supply’s Waterworks business for $2.5 Billion

PRESS RELEASE NEW YORK – June 6, 2017 – Clayton, Dubilier & Rice (“CD&R”) today announced an agreement with HD Supply Holding, Inc. (NASDAQ:HDS) to acquire its Waterworks business unit (“Waterworks”), the nation’s largest distributor of water, sewer, storm and…