Martin Marietta to take over Texas Industries

Martin Marietta to take over Texas Industries
Published: 29 January 2014


Martin Marietta Materials, currently the fourth-largest US aggregates producer, is making an agreed, all-share offer for Texas Industries. If concluded, it will leave existing Martin Marietta Materials shareholders with around 69 per cent of the combined equity, with the remaining 31 per cent going to the existing owners of Texas Industries. 

Martin Marietta will thereby enter the cement industry and the merged entity will control some











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