Concrete supplier Quikrete is buying rival Summit Materials, in a deal valued at $11.5 billion that will capitalize on high demand for building materials, the company said in a statement Nov. 25.

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 ...

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 ...

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 ...

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 ...

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 ...

(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 ...