Reuters

Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business

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 ...
WTOP News

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 ...
Hosted on MSN

Lowe's beats on quarterly earnings, buys home pros business for $8.8 billion

Lowe's beat quarterly earnings expectations on Wednesday. The home improvement retailer also announced the $8.8 billion acquisition of Foundation Building Materials, its second acquisition of a home ...
Seeking Alpha

Lowe's Companies secures financing for ~$8.8B ASP Flag Parent Holdings acquisition

Lowe's Companies (NYSE:LOW) said in an SEC filing on Friday that it will acquire all the shares of Delaware corporation, ASP Flag Parent Holdings, for ~$8.8B, and has arranged for financing to support ...