Lowe's wins over Rona with renewed takeover offer: Reuters

U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc in a deal valued at $3.2 billion, winning over Rona's board with a far higher offer than its previous unsolicited bid in 2012, Reuters reported. Rona's largest investor, the Caisse de dépôt et placement du Québec, said it would accept the offer.

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