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Lowe’s buying Foundation Building Materials for about $8.8B

Yahoo Finance · 7h

Lowe's to Buy Foundation Building Materials for $8.8B, Lifts Outlook

Lowe's ( LOW, Financials) said Wednesday it will acquire Foundation Building Materials for $8.8 billion, stepping deeper into the $250 billion professional builder market as do-it-yourself demand remains weak.

Reuters on MSN · 16h

Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business

Lowe's Cos said on Wednesday it has agreed to buy interior building products distributor Foundation Building Materials for nearly $8.8 billion, stepping up its expansion into the business that serves contractors and builders.

Modern Distribution Management · 13h

Lowe’s to Buy Foundation Building Materials for $8.8B in Pro Boost

It's just the latest building materials distribution megadeal and essentially is Lowe's answer to rival Home Depot buying SRS Distribution in 2024.

12hon MSN

What analysts are saying about Lowe's largest acquisition ever

Lowe's ( NYSE: LOW) announced the largest acquisition in the company's history with a deal to snap up Foundation Building ...

1h

Lowe’s to acquire building products company for its Pro services for $8.8 billion

Lowe’s has agreed to acquire a building products company for $8.8 billion, the home improvement retailer announced Wednesday.

16hon MSN

Lowe’s to acquire products distributor in $9B deal to boost pro customer reach

The acquisition will expand the Mooresville-based home improvement chain’s reach among its professional customers, Lowe’s ...

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