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Rona rejects take-over offer by Lowe’s

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Published in issue 33/2012
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Canadian DIY-store group Rona Inc., headquartered in Boucherville, Québec, has turned down a takeover offer made by its USA-based competitor Lowe’s Inc., based in Mooresville, North Carolina. Lowe’s has stated that on 8 July 2012 it submitted a takeover offer to the board of directors of Rona, proposing a price ...

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