Summit Materials, Argos North America to Merge

Summit Materials Inc. has entered into a definitive agreement with Cementos Argos S.A. under which Summit will combine with Argos North America Corp., the U.S. operations of Cementos Argos, in a cash and stock transaction valued at $3.2 billion . Argos USA is among the largest cement producers by total installed capacity in its areas of operations, which include the…

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