12.13.2006

Just an update

Just an update on Home Depot. On Wednesday 12.13.06 it announced an acquisition of Home Way. Although not the biggest home improvement retailer in China it does accelerate Home Depot's position in the Chinese market. This falls in line with the thesis I made for the company. When I reccomemded it earlier this month. Although the deal was "small" , valued at 100 million, it's nice to see the company is expanding in front of our eyes, it makes me look good :).

You can read more about the acquisition here

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