Home Depot Says It Has No Plans To Buy Kingfisher

Home Depot said it has no current plans to buy Kingfisher, Europe’s biggest home-improvement firm, despite weeks of rumors that the home improvement giant was seriously interested.

According to a Reutersreport, Home Depot will focus its global growth mainly on Canada and Mexico, its chairman said. “I couldn’t think of a dumber time to make an international acquisition with the euro at an all-time high,” Home Depot Chairman Robert Nardelli was quoted as saying to reporters after

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