Two weeks after the Federal Trade Commission (FTC) challenged Lehigh Cement’s planned acquisition of Keystone Cement, the commission said the two rival producers have abandoned the deal.
Read MoreLehigh Cement Abandons $151M Keystone Acquisition
Tag: acquisition
Martin Marietta Heads West with $2.3B Lehigh Hanson Deal
Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson’s West Region operations in Arizona, California, Nevada and Oregon. The acquisition provides the company with a new upstream materials-led growth platform across several of the nation’s largest and fastest growing megaregions.
Read MoreFTC Blocks Lehigh’s Acquisition of Keystone
The Federal Trade Commission (FTC) is challenging Lehigh Cement’s $151 million acquisition of rival Pennsylvania-based producer Keystone Cement Co., alleging the deal would harm regional competition in the market.
Read MoreLafargeHolcim Inks $3.4 Billion Deal for Firestone Building Products
LafargeHolcim projects a second quarter closing on a $3.4 billion deal for Nashville-based Firestone Building Products (FBP), the largest acquisition in the company’s five-year history and one stretching well beyond its core production competencies.
Read More