Close the acquisition of Foundation Building Materials
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 20 Aug 2025
- Due
- 31 Dec 2025
- Delivered
- 9 Oct 2025
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including regulatory approval.”
What we found
Evidence strength A What the grades mean
A later 10-Q states Lowe's completed the FBM acquisition on October 9, 2025, within the fourth-quarter 2025 deadline window.
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A Lowes Companies Inc. 10-Q filed 2026-08-27
“On October 9, 2025, the Company completed the acquisition of FBM for an aggregate cash purchase price of $8.8 billion.” ✓ confirmed on the page
Market reaction: the shares moved -2.8% against the S&P 500 over the three sessions around the disclosure (26 Aug 2026 to 31 Aug 2026). What this measures
Checked 10 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Closing of the Foundation Building Materials acquisition
- Where
- United States and Canada
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions; subject to regulatory approval
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2025-LOW-006005 · Corrections policy