Quikrete in talks to acquire Summit Materials

Building materials provider Quikrete has approached Summit Materials with an acquisition offer. Summit Materials has a market value of more than $7 billion. Talks are at an early stage.

“Building materials provider Quikrete has approached rival Summit Materials, which has a market value of more than $7 billion, with an acquisition offer.”reuters.com

• 8 sources
• reuters.comQuikrete is in talks to acquire Summit Materials, sources sayAnirban SenOct 24, 2024
• cov.comCovington Represents Quikrete in $11.5B Acquisition of Summit Materials | Covington & Burling LLPDerek Ludwin, Ryan K. Quillian, Mike Wagner, Sonia Lahr-Pastor, Stacy R. KobrickNov 25, 2024
• beta.zhitongcaijing.comQuikrete将以115亿美元价值收购Summit(SUM.US) 打造北美最大建筑材料生产商之一Nov 25, 2024
• prnewswire.comSummit Materials Enters into Definitive Agreement to be Acquired by Quikrete for $52.50 Per Share in CashSummit Materials, Inc.Nov 25, 2024
• davispolk.com

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