The deal has been unanimously approved by both Summit and Quikrete’s Boards of Directors. The transaction will combine Summit’s aggregates, cement, and ready-mix concrete businesses with ...
Summit Materials, Inc. (NYSE:SUM) shares are trading higher on Monday. The company inked a definitive deal to be acquired by privately owned family business Quikrete Holdings for $52.50 per share ...
Privately held Quikrete is expected to pay $52.50 a share in cash for Summit, the companies said Monday, confirming an earlier report from The Wall Street Journal. Including debt, the deal values ...
The combination has been unanimously approved by the Summit and Quikrete boards of directors. The transaction combines Summit’s aggregates, cement and ready-mix concrete businesses with Quikrete ...
The deal is set to conclude in H1 2025. Credit: Shine Nucha via Shutterstock. Quikrete Holdings has signed a definitive agreement to acquire Summit Materials, which produces aggregates and cement, for ...
Summit Materials, Inc., a Denver-based leading producer of aggregates and cement, announced it has entered into a definitive agreement to be acquired by Atlanta-based Quikrete Holdings, Inc. for ...
With interest rates coming down, the largest concrete company is buying Summit at a deal value of $11.5 billion including debt Quikrete, the largest cement maker in the U.S., announced Monday ...
Privately held Quikrete approached Summit with an acquisition offer in October, Reuters had reported. The concrete maker's $52.50 per share offer represents an about 29.2% premium to Summit's closing ...
In October, Summit Materials disclosed receiving a non-binding acquisition proposal. The deal has been unanimously approved by both Summit and Quikrete’s Boards of Directors. The transaction will ...