Lowe to buy Rona
Lowe’s home renovation chain has just announced its 3.2 billion dollar bid Wednesday to buy Rona
Lowes attempted to buy Rona back in 2012 but failed to do so.
A union that represents workers at Rona is raising concerns, even if Lowe’s is promising to maintain the majority of Rona jobs.
Although this hasn’t been finalized yet, Lowe’s said it plans to preserve existing jobs and the Rona banners
This agreement would make Lowes the biggest home improvement franchise in Canada