Lowe’s Companies, Inc. closes RONA inc. acquisition in a C$3.2 billion transaction

 Together, Lowe’s Canada and RONA Have 539 Store Locations, Pro Forma Canadian Revenues of C$6 Billion Companies are Well-Positioned for Growth in Canada’s Over C$45 Billion Home Improvement Market MOORESVILLE, N.C. and BOUCHERVILLE, Quebec, 2016-May-24 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) (“Lowe’s” or the “Company”) today announced that it has completed its […]

RONA inc. announces the opening of three new Réno-Dépôt stores in Quebec

COMPANY TO OPEN FIVE NEW STORES AND CONVERT TWO PROXIMITY INTO BIG BOX STORES Boucherville, Quebec, 2016-Feb-11 — /EPR Retail News/ — RONA inc. (TSX: RON, RON.PR.A) is announcing the opening of three new Réno-Dépôt stores in Quebec (Boucherville, Trois-Rivières and Valleyfield), along with two new RONA stores (Saint-Félix-de-Valois, QC, and Moose Jaw, SK), and the […]

Lowe’s to becomes Canada’s leading home improvement retailer with the acquisition of RONA inc.

 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 […]