I needed to make an outdoor table that would be reminiscent of stone (without the high cost) and have the durability and ...

Quikrete Holdings has signed a definitive agreement to acquire Summit Materials, which produces aggregates and cement, for an enterprise value of approximately $11.5bn, including debt. The all ...

Nov 25 (Reuters) - Summit Materials (SUM.N) said on Monday rival Quikrete would acquire the company in a deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials.

Quikrete has offered to pay $52.50 a share for Summit Materials, which represents a 29% premium to the closing price of SUM stock on October 23, which is when the two companies entered negotiations.

Quikrete, a privately held company, said Monday it would pay $52.50 a share for Summit Materials, the Denver-based company that makes cement. Summit's stock closed at $51.66 a share on Friday.