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Quikrete, Forterra continue to offer divestitures in attempts to obtain DOJ approval on deal

( February 16, 2022, 21:51 GMT | Official Statement) -- MLex Summary: Rinker Materials, an affiliate of Quikrete Holdings, has entered into a purchase agreement with Oldcastle Infrastructure to address some of the divestitures anticipated to be required by the US Department of Justice to obtain agency approval for Forterra's pending acquisition by Quikrete. Under the terms of the agreement, Rinker will sell assets and liabilities associated with three reinforced concrete pipe plants located in Texas to Oldcastle. This is the third purchase agreement the companies have entered into to address some of the anticipated required divestitures from the DOJ.Excerpt:...

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