CRH to Acquire Arcosa for $8.5 Billion in All-Cash Deal
CRH agreed to acquire Arcosa in an $8.5 billion all-cash transaction. The deal expands CRH's portfolio in building materials and industrial products.
CRH agreed to acquire Arcosa in an $8.5 billion all-cash transaction, marking one of the largest deals in the building materials sector this year. The Irish building materials giant will pay cash for all outstanding Arcosa shares, consolidating its position in specialized infrastructure products.
The deal involves CRH (ticker: CRH), headquartered in Ireland with primary U.S. operations, and Arcosa (ticker: ARCO), a U.S.-based manufacturer of infrastructure-related products including construction materials, engineered structures, and transportation equipment. The $8.5 billion valuation represents the total enterprise value of the all-cash offer.
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