'Vulcan Says It's Unaware Of $2B Mexican Offer For Assets; AMLO Announces Alleged Rejection Of Sweetened Bid For Plant; U.S. Firm Asked Biden Administration For Protection Last Year' - Bloomberg News
$VMC
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
Vulcan Materials Co. rejected a Mexican government offer to purchase its Caribbean coast assets for $2 billion, according to the nation's president, but the US company said it wasn't aware of such a proposal.
President Andres Manuel Lopez Obrador announced the apparently sweetened price Wednesday morning, saying the state hasn't expropriated the property but that the Vulcan plant is merely "closed."