Breedon Group gains after $120 mln US quarry acquisition
09/06/2026 09:51
BUZZ-Breedon Group gains after $120 mln US quarry acquisition ** Shares of British construction materials company Breedon Group BREE.L up as much as 6.5% at 293.4 p - among top gainers on the FTSE midcap index .FTMC
** Co completes acquisition of Falling Springs Quarry for an enterprise value of $120 million
** "The business is well-invested, highly cash generative and extremely complementary to our existing operations in the St Louis area, supporting our long-term growth ambitions in the United States" - CEO Rob Wood
** YTD, stock is down ~11%
(Reporting by Neeshita Beura in Bengaluru)