U.S. Silica Holdings, Inc. to be acquired by Apollo Funds for $1.85bn
In a major development in the industrial minerals sector, U.S. Silica Holdings, Inc. (NYSE: SLCA), a diversified industrial minerals company and a leader in last-mile logistics for the oil and gas industry, announced its acquisition by Apollo Funds. The all-cash deal values U.S. Silica at an approximate enterprise value of $1.85 billion. Under the terms […]