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Béton Provincial agrees to divestitures to get approval for CRH deal from Canada's Competition Bureau

( March 26, 2024, 13:40 GMT | Official Statement) -- MLex Summary: Béton Provincial agreed to sell CRH Canada Group’s ready-mix concrete plant in Mont-Tremblant, along with associated operating assets, employees and customer contracts, as part of a settlement with Canada’s Competition Bureau to resolve concerns over Béton Provincial acquisition of CRH, the bureau said. A bureau review concluded that the proposed transaction would likely result in a substantial lessening of competition for the supply of RMC in the Laurentides.Statement and document follow below:...

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