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Barclays notes the report saying that Summit Materials (SUM) was approached by Quikrete, stating that “at first glance there could be a good amount of deal logic” for such a combination.

Quikrete Holdings has approached Summit Materials (SUM) about a potential takeover, people familiar with the matter told Bloomberg’s Aaron Kirchfeld and Crystal Tse. The building materials maker ...

NEW YORK, Oct 24 (Reuters) - Building materials provider Quikrete has approached rival Summit Materials (SUM.N), opens new tab, which has a market value of more than $7 billion, with an ...

NEW YORK (Reuters) - Building materials provider Quikrete has approached rival Summit Materials, which has a market value of more than $7 billion, with an acquisition offer, people familiar with the ...

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NEW YORK (Reuters) - Building materials provider Quikrete has approached rival Summit Materials, which has a market value of more than $7 billion, with an acquisition offer, people familiar with ...

A representative for Quikrete couldn’t immediately be reached for comment. Summit’s shares, which had previously gained only 5.6% this year, rose as much as 13% on Thursday. The shares closed ...

Summit Materials (NYSE:SUM) is catching attention with shares surging to all-time-high at $45 at the time of writing, driven by a reported takeover bid from Quikrete Holdings in the "low 50s" per ...