Lowe’s says deal to buy Rona has cleared its last major milestones

, Economic

Lowe's says it has received approval under the Investment Canada Act for the acquisition.

OTTAWA — The federal government has signed off on a deal that will see U.S. retailer Lowe’s Companies Inc. acquire Rona Inc. and become owner of Canada’s largest collection of home-improvement stores.

Lowe’s says it has received approval under the Investment Canada Act for the acquisition.

Together with approval by the Competition Bureau on Thursday, Lowe’s says the deal has cleared its last major milestones and is expected to close May 20.

Related

No Comment

  • Best Herpes Cure 04 / 04 / 2017 Reply

    Howdy! This post couldn’t be written any better!
    Reading through this post reminds me of my previous roommate!
    He continually kept talking about this. I most certainly will send this information to him.
    Fairly certain he’ll have a very good read. I appreciate you for sharing!

Leave a Reply

*