( August 7, 2026, 15:53 GMT | Official Statement) -- MLex Summary: Hot-mix asphalt providers APAC-Tennessee, a unit of Ireland-based construction materials firm CRH, and its acquisition target Standard Construction Group were hit with a merger lawsuit filed by the US Department of Justice and Tennessee’s attorney general. “Plaintiff State of Tennessee spends hundreds of millions of dollars on new construction and road maintenance projects each year,” the complaint reads. “Without competing suppliers for the necessary inputs for road construction and other building projects, customers, and Plaintiff State of Tennessee, which receives funding from federal and state taxpayers, would pay the price for APAC’s control over these important markets.”See attached document. ...
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