Reported 2 days ago
Lowe's Companies, Inc. has finalized its acquisition of Foundation Building Materials, a significant distributor of construction supplies, in a move aimed at expanding its product range and improving services for professional customers. This acquisition is expected to enhance order fulfillment speeds, digital capabilities, and access to key regions, further positioning Lowe's as a comprehensive solutions provider for homebuilders. Additionally, Lowe’s maintains a strong dividend history, having increased its payout for 60 consecutive years.
Source: YAHOO