Summit Materials to combine with Cementos Argos’ U.S. business in a cash and stock deal valued at about $3.2 billion

Summit Materials to combine with Cementos Argos’ U.S. business in a cash and stock deal valued at about $3.2 billion

Published: Sept. 7, 2023 at 7:38 a.m. ET Shares of Summit Materials Inc. SUM rallied 2.4% in premarket trading Thursday, after the cement maker announced an agreement to combine with Argos North America Corp. (Argos USA), the U.S. operations of Colombia-based Cementos Argos S.A. CMTOY CO:CEMARGOS in a cash and stock deal valued at about … Read more