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Fairmount Santrol and Unimin Corporation, a subsidiary of SCR-Sibelco NV, announced a definitive agreement to combine in a tax-free cash and stock transaction. The combined company will have an estimated 45 million tons of annual processing capacity and expects $150 million in annual synergies.
“Fairmount Santrol and Unimin to Merge, Creating a Leader in Proppant and Industrial Materials Solutions”sec.gov
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