Canadian firm Rona sells its plumbing, heating, ventilation and air conditioning business to...


Canadian firm Rona sells its plumbing, heating, ventilation and air conditioning business to Emco Corporation for C$215M ($207.6M). Though the deal will give the company a little breathing room with its cash position, the retailer's 800 stores in Canada are still in limbo with Lowe's (LOW -2.2%) not too shy about its interest to expand into the region.
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