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Lowe's Acquires Foundation Building Materials in $8.8 Billion Expansion

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Source: Lowe’s Corporate
Lowe's Acquires Foundation Building Materials in $8.8 Billion Expansion
Photo: Lowe’s Corporate
TL;DR Summary

Lowe's has announced a $8.8 billion agreement to acquire Foundation Building Materials, a leading North American distributor of interior building products, aiming to enhance its offerings for professional customers and drive long-term growth.

Topics:business#acquisition#building-products#business#foundation-building-materials#lowes#pro-customers
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  1. Lowe's Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products  Lowe’s Corporate
  2. Lowe's beats on quarterly earnings, buys home pros business for $8.8 billion  CNBC
  3. Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat  MarketWatch
  4. Lowe's buying Foundation Building Materials for about $8.8B as it intensifies focus on pro builders  Yahoo Finance
  5. Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business  Reuters

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