Source: Reuters
“Martin Marietta Materials said on Monday it would merge with limestone supplier Lhoist North America in a cash-and-stock deal worth $13.5 billion, as the building materials firm looks to tap growing demand for lime products. Shares of the Raleigh, North Carolina-based company were down 5% in morning trade. … Lhoist North America makes hi-calcium lime, dolomitic lime and industrial mineral products used in domestic steel manufacturing, infrastructure and heavy non-residential construction across North America.” (06/29/26)