Just four days after a report first surfaced Quikrete and Summit Materials were in advanced talks for an acquisition, both companies shared that Quikrete is indeed buying Summit for $9.2 billion.
Atlanta, GA-based Quikrete is in advanced talks to acquire Summit Materials, according to a Nov. 21 Wall Street Journal report that cited people familiar with the matter. The “people” told the WSJ an ...
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Summit Materials, Inc. a leading producer of aggregates and cement, has announced it has entered into a definitive agreement to be acquired by Quikrete Holdings, Inc. ("Quikrete") for US$52.50 per ...
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 ...
https://www.tipranks.com/news/the-fly/summit-materials-to-be-acquired-by-quikrete-for-52-50-per-share-in-cash Summit Materials (SUM) announced it has entered into a ...
The $9.2 billion debt package to help finance Quikrete Holdings Inc.’s acquisition of Summit Materials Inc. is a sign that a long-awaited Wall Street wish could soon come true: the return of big ...
(RTTNews) - Summit Materials, Inc. (SUM), Denver, Colorado-based construction materials company, said Monday that it agreed to be acquired by Quikrete Holdings, Inc., a privately-held building ...
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 ...
or the "Company") a leading producer of aggregates and cement, today announced it has entered into a definitive agreement to be acquired by Quikrete Holdings, Inc. ("Quikrete") for $52.50 per ...
(Reuters) -Summit Materials said on Monday rival Quikrete would acquire the company in a deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials. The sector's ...