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Canadian Competition Bureau approves RONA-All-Fab Building Components deal with conditions

( December 23, 2024, 19:10 GMT | Official Statement) -- MLex Summary: Canada's Competition Bureau said it has entered into a consent agreement with RONA Inc. to address competition concerns related to its proposed acquisition of All-Fab Building Components. The agency said in a statement that it concluded that the proposed transaction would likely result in a substantial lessening of competition in the design, supply and manufacturing of roof and floor trusses used in housing construction in the Saskatoon, Saskatchewan area. Rona agreed to sell a truss manufacturing facility that it owns in Martensville, Saskatchewan to resolve the bureau's concerns, the agency said. Statement follows in full. ...

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