The analysts added Quikrete seemed most interested in Summit's cement and ready-mix operations. The transaction is expected to close in the first half of 2025. Shares of Summit fell about 1.7% in ...

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 ...

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 ...

Building-materials provider Quikrete is in advanced talks to acquire Summit Materials SUM0.00%increase; green up pointing triangle, according to people familiar with the matter. A deal between ...

Atlanta, Georgia-based Quikrete is one of the largest manufacturers of packaged concrete and cement mixes in North America. Denver, Colorado-based Summit is a provider of construction materials such ...

The strategic transaction will amalgamate Summit’s aggregates, cement and ready-mix concrete businesses with Quikrete's concrete and cement-based products business. This will result in a ...

The analysts added Quikrete seemed most interested in Summit's cement and ready-mix operations. The transaction is expected to close in the first half of 2025. Sponsored Bank Accounts Shares of ...

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. Quikrete to take Summit ...

The transaction will combine Summit’s aggregates, cement and ready-mix concrete businesses with privately held Quikrete’s concrete and cement-based products. Bloomberg News first reported last ...