Lowe’s Boosts Contractor Business With $8.8B Foundation Building Deal, Raising Full-Year Sales Guidance
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MSNBenzinga - Video
Lowe’s Boosts Contractor Business With $8.8B Foundation Building Deal, Raising Full-Year Sales Guidance
Lowe’s agreed to acquire Foundation Building Materials for $8.8 billion in cash as it expands its professional business, according to Bloomberg. Foundation Building, a distributor of drywall and other products with more than 370 North American locations, generated $6.5 billion in sales last year and was acquired by American Securities in 2020 ...
4 months ago
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