Lowe's to sell Canadian business, including RONA, to private equity firm

Lowe’s Canadian arm is based in Boucherville, Quebec, and operates or services around 450 corporate and independent affiliate dealer stores under a number of banners, including Lowe’s, RONA, Reno-Depot and Dick’s Lumber.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againLowe’s chairman, president and CEO Marvin R. Ellison said the sale is an important step toward simplifying the Lowe’s business model.

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Lowe's to sell Canadian business, including Rona stores, to private equity firmLowe\u0027s is selling the business to Sycamore Partners for US$400 million plus a performance\u002Dbased deferred consideration. Find out more.
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Lowe's to sell Canadian business, including RONA stores, to private equity firm - BNN BloombergLowe's Companies, is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for US$400 million plus a performance-based deferred consideration. $HD eating their lunch, time to cash out and run!
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