Building materials group CRH to buy Arcosa in $8.5 billion all-cash deal

🇺🇸 CNBC (US) —
Building materials group CRH to buy Arcosa in $8.5 billion all-cash deal

AI Summary

CRH, a building materials group, announced an $8.5 billion all-cash acquisition offer for Arcosa at $150 per share, representing a 10.4% premium over Arcosa's previous closing price. The deal indicates significant consolidation activity in the building materials sector.

CRH is offering $150 per share ⁠for ‌Arcosa, representing a 10.4% premium to Arcosa's previous ⁠close.

Markets Deals CRH Arcosa acquisition building materials cash deal merger

Read original source →