DoJ Requires Taiheiyo Cement to Divest Three Concrete Plants in $712M Vulcan Materials Deal
The U.S. Department of Justice has mandated that Taiheiyo Cement and its subsidiary CalPortland divest three ready-mix concrete plants as part of the proposed $712 million acquisition by Vulcan Materials (VMC). The requirement aims to address antitrust concerns.
Topics: cement industry M&A regulation