Summit Materials to merge with Cementos Argos’s US operations in $3.2 billion deal

 

(Reuters) – Summit Materials said on Thursday it will merge with the U.S. operations of Cementos Argos in a cash and stock transaction valued at $3.2 billion, creating the fourth-largest cement platform in the United States.

(Reporting by Ananta Agarwal; Editing by Savio D’Souza)

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