Lowe’s announced it has completed its $8.8 billion purchase of a building material distributor that will benefit the company’s Pro customers. The agreement for Lowe’s to buy Foundation Building ...

MOORESVILLE, N.C. — Home improvement retailer Lowe’s is buying another company for about $8.8 billion in cash. The deal will add Foundation Building Materials to Lowe’s operations. Foundation Building ...

Lowe’s, a national home improvement chain, has finalized an agreement to acquire the company Foundation Building Materials for about $8.8 billion, according to a Lowe’s statement. Since 2011, ...

Earlier this year, national home improvement chain Lowe’s finalized an $8.8 billion deal to acquire one of its competitors, California-based Foundation Building Materials (“FBM”). The move is one of ...

Lowe's recent M&A activity has paused buybacks and pushed leverage to 3.4x, above target. See why LOW stock is a Sell.