Rona’s Lowest Value Makes Canadian Firm Takeover Bait

Rona’s Lowest Value Makes Canadian Firm Takeover Bait

Victor J. Blue/Bloomberg

Lowe’s Cos. could be interested in acquiring Rona to expand in the country and better compete with Home Depot Inc., said ABC Funds, after Canadians started work last month on the most housing units since 2008 and the economy added the most jobs in 42 months.