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 ...

(Reuters) -Summit Materials said on Monday rival Quikrete would acquire the company ... of construction materials such as cement, ready-mix concrete and asphalt. It also offers services such ...

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 ...

Quikrete is paying $52.50 a share in cash for Denver-based Summit, according to a statement Monday. That’s 29% above the closing price on Oct. 23, the day before Summit said it had held initial ...

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 $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 ...

(SUM), Denver, Colorado-based construction materials company, said Monday that it agreed to be acquired by Quikrete Holdings ... and ready-mix solutions." Friday, SUM had closed its regular ...

Summit Materials sells aggregate, cement and ready-mix concrete material. It employs about 5,300 people nationwide. Privately held Quikrete Holdings Inc. agreed to pay $52.50 per share to buy ...

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 ...