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Lowe’s to buy Foundation Building Materials for about $8.8B

Yahoo Finance · 15h

Lowe's to Buy Foundation Building Materials for $8.8B, Lifts Outlook

Lowe's ( LOW, Financials) said Wednesday it will acquire Foundation Building Materials for $8.8 billion, stepping deeper into the $250 billion professional builder market as do-it-yourself demand remains weak.

Modern Distribution Management · 22h

Lowe’s to Buy Foundation Building Materials for $8.8B in Pro Boost

It's just the latest building materials distribution megadeal and essentially is Lowe's answer to rival Home Depot buying SRS Distribution in 2024.

Reuters on MSN · 1d

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

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 that serves contractors and builders.

23hon MSN

Lowe's Raises Outlook as Profit Jumps on Pro and DIY Demand

Lowe's explained that with the addition of ADG, it was raising its full-year outlook for sales to $84.5 billion to $85.5 ...

20hon MSN

What analysts are saying about Lowe's largest acquisition ever

Lowe's ( NYSE: LOW) announced the largest acquisition in the company's history with a deal to snap up Foundation Building ...

1don MSN

Lowe’s to acquire products distributor in $9B deal to boost pro customer reach

The acquisition will expand the Mooresville-based home improvement chain’s reach among its professional customers, Lowe’s ...

22h

Lowe's (LOW) Q2 2025 Earnings Call Transcript

Thank you, Kate, and good morning, everyone. This morning, we announced the acquisition of Foundation Building Materials or ...

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