foundation building materials

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Lowe's buying Foundation Building Materials for about $8.8B

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.

Los Angeles Times · 1d

Lowe’s Announces $8.8-Billion Acquisition of Santa Ana’s Foundation Building Materials

Lowe's has announced an $8.8-billion acquisition of Foundation Building Materials, a major distributor of interior building products for commercial and residential construction.

Modern Distribution Management · 2d

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.

2don MSN

Lowe’s Boosts Full-Year Revenue Outlook, to Buy Home-Professional Firm for $8.8 Billion

Lowe’s posted second-quarter sales growth and raised its full-year outlook, shrugging off weaker DIY demand from a slow ...

Yahoo Finance5y

How Does Foundation Building Materials, Inc. (NYSE:FBM) Affect Your ...

Zooming in on Foundation Building Materials, we see it has a five year beta of 1.48. This is above 1, so historically its share price has been influenced by the broader volatility of the stock ...

3don MSN

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

Lowe’s said on Wednesday it has agreed to buy interior building products distributor Foundation Building Materials for nearly ...

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