Quikrete agreed to pay $52.50 per share in cash for Summit. The transaction combines Summit's cement, ready-mix concrete and aggregates businesses with Quikrete's concrete and cement-based product ...
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 ...
This acquisition price reflects a significant premium over Summit’s recent share performance. The board of directors of both Summit and Quikrete have unanimously approved the transaction. The deal ...
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 ...
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 deal would combine Summit and Quikrete’s cement and concrete businesses to create a behemoth producer of construction materials in North America. Quikrete, based in Atlanta, is also ...
US: Quikrete has entered into a definitive agreement to buy Summit Materials for a total enterprise value of US$11.5bn. The deal will add Summit Materials’ aggregates, cement and ready-mixed concrete ...
Quikrete struck a $9.2 billion deal to acquire Summit Materials, bringing together two of the U.S.'s biggest makers of building materials. Summit shares slipped nearly 2%. Read more: The privately ...
The combination has been unanimously approved by the Summit and Quikrete Boards of Directors. The transaction combines Summit's leading aggregates, cement and ready-mix concrete businesses with ...