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 ...
Lowe’s (LOW) shares jumped 3% in premarket trading on Wednesday after the home improvement chain announced that it would buy Foundation Building Materials for about $8.8 billion to support the growth ...
The company said the acquisition would allow it to expand its services for professional contractors and builders.
Raises annual sales forecast, beats Q2 profit estimates Deal for Foundation Building Materials to close in Q4 Lowe's, Home Depot aiming at $250 billion pro builder market Aug 20 (Reuters) - Lowe's Cos ...
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MOORESVILLE, N.C., Aug. 20, 2025 /PRNewswire/ -- Lowe's Companies, Inc. ("Lowe's" or the "Company") (NYSE: LOW) today announced it has entered into a definitive ...
(Reuters) -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 ...