Business
Martin Marietta Strikes $13.5 Billion Deal for Limestone Supplier
Martin Marietta Materials MLM -2.05%decrease; down pointing triangle has struck a deal to combine with limestone supplier Lhoist North America in a transaction valued at $13.5 billion, including debt.
The details
Martin Marietta said Monday it expects to use a mix of $7 billion in cash along with shares of its stock valued at $6.5 billion to fund the deal, confirming an earlier report from The Wall Street Journal.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
You must be logged in to post a comment Login