December 22, 2017 / 6:33 PM / 6 months ago

Vulcan must divest 17 Aggregates USA properties: U.S. statement

WASHINGTON (Reuters) - Vulcan Materials Co (VMC.N) must divest 17 crushed stone aggregate facilities in Tennessee and Virginia in order to acquire Aggregates USA, the U.S. Justice Department said in a statement on Friday.

Under the terms of the proposed settlement Birmingham, Alabama-based Vulcan would divest Aggregate’s 13 rock quarries and yards and four inactive quarries in the two states to Blue Water Industries or another U.S.-approved acquirer, the department said in a statement.

Reporting by Susan Heavey; Editing by Phil Berlowitz

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below