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Lowe’s Said to Hire Goldman to Find Brazil Acquisitions

Lowe’s Cos. is seeking acquisitions in Brazil, two people with knowledge of the matter said, in a move that would help it penetrate a fragmented industry to take advantage of a growing pool of home owners.

Lowe’s is working with Goldman Sachs Group Inc. as it searches for targets, said the people, who asked not to be identified discussing private information.