Summit Materials Completes Merger with Quikrete
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Summit Materials has completed its merger with Quikrete Holdings, resulting in Summit's delisting from the NYSE. The acquisition was valued at $11.5 billion, including debt, with Summit shareholders receiving $52.50 per share in cash.
February 10, 2025 | 5:45 pm
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Summit Materials has been acquired by Quikrete Holdings for $52.50 per share, leading to its delisting from the NYSE. The merger is valued at $11.5 billion.
The acquisition of Summit Materials by Quikrete Holdings has been completed, resulting in Summit's stock being delisted from the NYSE. This marks the end of public trading for Summit, and shareholders have received a cash payout. The news is highly relevant and important for investors as it directly affects their holdings in Summit.
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