Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Mar. 4, 2:37 PM
This Slide: #84 of 100 |
Slide #84. Quikrete Holdings, Inc. — Forterra, Inc.
Acquirer:
Quikrete Holdings, Inc.
Acquiree:
Forterra, Inc. (NASDAQ:FRTA)
Details:
Forterra, Inc. ("Forterra" or "the Company") (NASDAQ:FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced that it has entered into a definitive agreement under which Quikrete Holdings, Inc. ("Quikrete") will acquire all outstanding shares of Forterra for $24.00 per share in an all cash transaction valued at approximately $2.74 billion, including outstanding debt.
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![]() Buy (3.20 out of 4) 41st percentile
(ranked lower than approx. 59% of all stocks covered)
Analysts' Target Price: FRTA Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
