Nov 3, 2022

Lowe’s to Sell Canadian Business, Including RONA Stores, to Private Equity Firm

Lowe's Companies, Inc. 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. Lowe's Canadian arm is based in Boucherville, Quebec, and operates or services around 450 corporate ...