Vulcan Materials to acquire Aggregates USA for $900M

Vulcan Materials reached a definitive agreement to acquire Aggregates USA LLC from SPO Partners for $900 million in cash, adding 15 quarries and 16 aggregate distribution facilities in the southeastern US.

“Vulcan Materials has reached a definitive agreement with Mill Valley, Calif., investor SPO Partners to acquire Aggregates USA LLC for $900 million.”concreteproducts.com

• 2 sources
• concreteproducts.comAggregates USA set to become largest Vulcan acquisition since Florida Rock – Concrete ProductsConcrete NewsMay 30, 2017
• al.comVulcan Materials to buy competitor in $900 million deal - al.comKelly PoeMay 30, 2017

Summarized from public sources; check the original articles before acting on it.