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Home improvement chain buys competitor in $8.8 billion deal
Summary by Michigan Live
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Lowe’s acquires construction supply giant with 370 locations in near-$9 billion deal
Lowe’s has successfully acquired Foundation Building Materials (FBM), a wholesale distributor of building materials and construction products. This comes about two months after the home improvement retailer announced it would be purchasing FBM for $8.8 billion in August.
·Syracuse, United States
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Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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