The home improvement chain, Home Depot, has been in the news lately due to accusations that the company is owned by Walmart. The accusation stems from a report by The Guardian which states that the two companies are in talks to merge.
The accusations have caught the attention of both companies, with Home Depot releasing a statement denying the claims and Walmart releasing its own statement confirming that it is in talks to acquire Home Depot.
Is Home Depot owned by Walmart?
At this point, it is hard to say for certain whether or not Home Depot is actually owned by Walmart. The Guardian report is based on anonymous sources, and Walmart has yet to release any direct evidence that confirms the claims.
It is possible that the two companies are in talks to merge, but it is also possible that this is just a rumor.
Ultimately, it is up to Walmart to either confirm or deny the claims. Until then, it is difficult to say for certain whether or not Home Depot is actually owned by Walmart.
