Transaction valued at C$3.2 billion (US$2.3 billion)
Transaction unanimously approved by both companies’ Boards of Directors
Agreement is based on compelling strategic rationale for both companies
Lowe’s pledges important commitments to RONA’s key Canadian stakeholders
Lowe’s to locate its Canadian head office in Boucherville, Quebec; Canadian operations to be headed by Sylvain Prud’homme, President of…