Summit Materials makes US$3.8bn counter bid for Ash Grove Cement

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US: Summit Materials has offered US$3.8bn to buy Ash Grove Cement, according to Reuters. The board of Ash Grove Cement has described the proposal as ‘superior’ to the US$3.5bn bid made by Ireland’s CRH in September 2017. It has extended its so-called ‘shop window’ consideration period with CRH to 20 October 2017.

Last modified on 11 October 2017

URL: https://globalcement.com/news/item/6640-ash-grove-cement-receives-us-3-8bn-counter-bid-from-unnamed-third-party

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