Vulcan Materials to acquire Polaris Materials for C$252 million

Vulcan Materials Company has entered into an agreement to acquire all shares of Polaris Materials Corporation for C$2.79 per share, implying an aggregate equity value of approximately C$252 million. The transaction is expected to close in November 2017.

“Polaris Materials Corporation today announced that it has entered into a definitive arrangement agreement with Vulcan Materials Company, pursuant to which Vulcan will acquire all of the issued and outstanding shares of Polaris for C$2.79 per share in cash.”newswire.ca

• 2 sources
• newswire.caPolaris Announces Friendly Acquisition by Vulcan Materials CompanyPolaris Materials CorporationAug 28, 2017
• prnewswire.comPolaris Announces Friendly Acquisition by Vulcan Materials CompanyPolaris Materials CorporationAug 28, 2017

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