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Reuters on MSN17h
Lowe’s to buy Foundation Building Materials for $8.8-billion to boost contractor business
Lowe’s Cos LOW-N +2.18% said on Wednesday it has agreed to buy interior building products distributor Foundation Building ...
16hon MSN
Lowe's buying Foundation Building Materials for about $8.8B as it intensifies focus on pro builders
Lowe's is buying Foundation Building Materials, a distributor of drywall, insulation and other products, for approximately $8.8 billion as the home improvement retailer intensifies its focus on ...
16h
Stocktwits on MSNFoundation Building Materials To Be Acquired By Lowe’s For $8.8B, Retail’s Turned Exuberant After Earnings Report
Lowe’s (LOW) shares jumped 3% in premarket trading on Wednesday after the home improvement chain announced that it would buy ...
Private-equity firm American Securities took the interior-building-products distributor private in 2021.
Ruben Mendoza and the senior leadership team will continue to lead FBM. The FBM team will collaborate closely with Lowe's to ...
Increases Pro Penetration1----Positions Company for Long-Term Sustainable Sales Growth and Profit Expansion-- MOORESVILLE ...
It's just the latest building materials distribution megadeal and essentially is Lowe's answer to rival Home Depot buying SRS ...
Hosted on MSN1d
Lowe’s Beats Q2 Earnings, Lifts Sales Outlook With $8.8B Foundation Building Materials Deal
Comparable sales rose 1.1% year over year, while net income grew to $2.4 billion. Lowe’s announced the $8.8 billion ...
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 ...
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