CRH to acquire Arcosa for $8.5 billion in all-cash deal
CRH signed an agreement to acquire 100% of Arcosa for $150 per share in cash, valuing the construction and industrial products company at $8.5 billion enterprise value, subject to stockholder and regulatory approval.
CRH (CRH) signed an agreement to acquire 100% of Arcosa (ACA) for $150 per share in an all-cash transaction. The deal values Arcosa at approximately $8.5 billion enterprise value and is subject to Arcosa stockholder approval and regulatory clearance.
CRH, a Dublin-based building materials group, will purchase all outstanding shares of Arcosa, a manufacturer of infrastructure-related products and construction materials. No named executives, advisors, or financing sources were disclosed in the announcement. The acquisition combines two companies in the construction materials and industrial products sector.
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