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Basic Materials Roundup: Market Talk

Basic Materials Roundup: Market Talk
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

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Nucor Expands Portfolio With $565M Acquisition of Rytec - Carpenter Tech (NYSE:CRS), ATI (NYSE:ATI)

Nucor Corporation (NYSE: NUE) announced an agreement to acquire Rytec Corporation, a leading manufacturer and seller of high-speed, high-performance commercial doors, for $565 million in an all-cash transaction. This represents approximately 12.5 times Rytec's projected 2024 EBITDA.

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