Martin Marietta in hostile bid for Vulcan Materials

摘要

Martin Marietta Materials Inc. have launched a US$4.7 billion hostile takeover bid for Vulcan Materials Company which, if successful, would create a US-based company ranked as the global leader in construction aggregates. At the time of the bid in mid-December, the combined market capitalization of the two companies was US$7.7 billion and the combined total enterprise value was US$11.4 billion.