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.
Lowe's chairman, president and CEO Marvin R. Ellison said the sale is an important step toward simplifying the Lowe's business model. The deal, expected to close in early 2023, will establish Lowe's Canada and RONA as a standalone, Quebec-headquartered company. Lowe's bought RONA Inc. in 2016 in a deal valued at $3.2 billion Canadian, or about US$2.4 billion, that at the time it said was a key step in accelerating its growth strategy.
The company's Canadian retail business makes up around seven per cent of the company's 2022 sales outlook.
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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!
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »
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.
منبع: fpinvesting - 🏆 43. / 63 ادامه مطلب »
Lowe's to sell Canadian business, including RONA, to private equity firmLowe\u0027s Canadian arm operates or services around 450 corporate and independent affiliate dealer stores under a number of banners
منبع: TheTorontoSun - 🏆 23. / 68 ادامه مطلب »
Lowe's to sell Canadian business, including RONA, to private equity firmLowe\u0027s Canadian arm operates or services around 450 corporate and independent affiliate dealer stores under a number of banners
منبع: calgarysun - 🏆 63. / 52 ادامه مطلب »
Ottawa orders Chinese companies to exit three Canadian lithium minersOttawa has ordered three Chinese companies to exit three Canadian lithium miners based on alleged threats to national security. Read on. For any kind of information Why? Because they can take it with them? Thank you PierrePoilievre
منبع: nationalpost - 🏆 10. / 80 ادامه مطلب »