Finance / United States
Martin Marietta's Bid For Building Materials Rival Could Benefit Both
December 2011 | Corporate Financing AnalysisCFW View: The unsolicited attempt by US building materials firm Martin Marietta to acquire its larger rival Vulcan Materials would, if successful, give the two firms a 15% share of the US aggregates market and create a new world leader in the product. The market's positive reaction to the news can be seen to reflect both the beneficial synergies that would be gained from such a tie-up as well as the ameliorating effect such a deal would have on Vulcan's balance sheet.
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