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Metals & Mining M&A image Metals & Mining M&A » By The Online Investor Staff, updated Fri., Apr. 19, 6:40 AM Recent mergers and acquisitions in the Metals & Mining M&A category.

This Slide: #65 of 100

Slide #65. Cementos Argos — Vulcan Materials Florida Cement And Concrete Assets

Acquirer: Cementos Argos
Acquiree: Vulcan Materials Florida Cement And Concrete Assets (NYSE:VMC)
Details: Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, announced today that it has entered into a definitive agreement to sell the Company's cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720 million. Vulcan is retaining all of its aggregates operations in Florida. As part of the transaction, the Company has entered into a supply agreement to continue to provide aggregates to the divested concrete facilities, at market prices, for a period of 20 years. The transaction, which is subject to regulatory approval under the Hart-Scott-Rodino Act and customary closing conditions, is expected to close in the first quarter of 2014.



Open the VMC Page at The Online Investor »

VMC — Key Stats (updated 20 hours, 11 minutes ago)
Company Name:  Vulcan Materials Co (Holding Company)
Website:  www.vulcanmaterials.com
Sector:  Metals & Mining
Number of ETFs Holding VMC:  98
Total Market Value Held by ETFs:  $5.19B
Total Market Capitalization:  $34.19B
% of Market Cap. Held by ETFs:  15.20%
 

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April 19, 2024  •  6:40 AM Eastern
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