(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 ...
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Foundation 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 Foundation Building Materials for about $8.8 billion to support the growth ...
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 ...
US-based home improvement retailer Lowe’s Companies has completed its acquisition of Foundation Building Materials (FBM), a distributor of building materials and construction products in the US and ...
Lowe's is set to acquire Foundation Building Materials for nearly $8.8 billion, boosting its presence in the professional builder market amid slowing DIY sales. The company also raised its annual ...
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