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Nov 3, 2022 · Retail giant Lowe’s Companies, Inc., based in the United States, is selling its Canadian retail business to Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments, for $400 million in cash, and performance-based deferred consideration.
Nov 4, 2022 · Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for $400 million US plus a performance-based deferred consideration.
Feb 3, 2023 · RONA, Lowe’s, Réno-Dépôt and Dick’s Lumber stores continue to serve Canadians and their home improvement projects, offer Lowe’s private brands, provide compelling financing plans to customers, and honor warranties and gift cards.
Feb 3, 2016 · Lowe's Cos to buy Canada’s Rona for $3.2 billion in cash to create home improvement giant. Four years after a failed attempt to acquire Rona, rival Lowe’s' friendly takeover of the veteran Quebec-based retailer sees the U.S. home improvement giant reap a significant upside
- Hollie Shaw
Nov 19, 2022 · The Faceoff: Home Depot’s strong profits solidify its dominance in Canada’s home improvement retail sector, as Lowe’s Canada navigates a new path forward. Handyman special: Home Depot...
Nov 3, 2022 · MOORESVILLE, N.C., Nov. 3, 2022 – Lowe’s Companies, Inc. (NYSE: LOW) today announced that it has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments, for $400 million in cash, and performance-based deferred ...
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American home improvement retailer Lowe’s announced today it has sold its Canadian business to Sycamore Partners for $400 million. Lowe’s Canada brands include not only Lowe’s, but also Dick’s Lumber, Réno-Dépôt, and Canadian giant Rona, which was acquired by Lowe’s in 2016 in a deal worth $3.2 billion.
