Summit Materials Finalizes Acquisition of Argos USA

Summit Materials (SUM) has released an update.

The Company has successfully completed its acquisition of Argos USA from Argos Parties, enhancing its market position. They have provided unaudited preliminary pro forma financial statements to offer a glimpse of the combined entity’s financial standing as of December 30, 2023. However, these figures are not in line with Article 11 requirements and may not reflect the final audited results, which could significantly differ. Investors are advised to anticipate further detailed and audited financial reports in the near future.

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