Summit to Acquire Argos’ U.S. Operations

Cementos Argos has entered into a definitive agreement with Summit Materials under which Argos North America will combine with Summit in a cash and stock transaction valued at $3.2 billion. The merger will create the fourth-largest cement platform in the United States and accelerates Summit’s “Elevate Summit” strategy, enhancing the company’s materials-led approach and positioning it for even greater success…

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