secwatch.observer — SEC 8-K summary
======================================

Issuer:     COMMERCIAL METALS Co (CMC)
CIK:        0000022444
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001193125-25-240849
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMC acquires Foley Products for $1.84B cash; transforms precast platform
------------------------------------------------------------------------

- Cash purchase price $1.84B, 10.3x Foley’s forecasted 2025 EBITDA (9.2x after cash tax benefits).
- Transaction expected to be immediately accretive to EPS and free cash flow; year-3 run-rate synergies $25-30M EBITDA.
- Combined with recent CP&P acquisition, CMC becomes #3 U.S. precast player with 35 facilities across 14 states.
- Financing includes $1.85B bridge facility and $600M revolving credit facility from Bank of America and Citi.
- Closing expected December 2025, subject to HSR clearance; reverse termination fee ~$64.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22444/000119312525240849/0001193125-25-240849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22444/000119312525240849/d225478d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-240849

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer