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Martin Marietta Buys Lhoist for $13.5B | Raleigh News
Martin Marietta is set to make a blockbuster $13.5 billion acquisition of Lhoist North America, positioning itself as the nation’s top lime producer and fueling future growth through massive infrastructure investments. The deal—backed by $7 billion cash and $6.5 billion stock—marks a giant leap for the 85-year-old Raleigh-based giant, already valued at $35 billion and a cornerstone of the Triangle economy. Despite a brief stock dip, leadership remains bullish, seeing this as a strategic masterstroke to dominate a rising market, especially in the Southeast. Support the show:Get a discount at…
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