CRH to Acquire Arcosa for $8.5 Billion in All-Cash Deal
CRH will acquire infrastructure products provider Arcosa in an all-cash transaction valuing the target at $8.5 billion, the building materials company said Monday. The companies did not disclose per-share pricing, timing for closing, or financing details in their initial announcement.
CRH will acquire Arcosa in an all-cash transaction valuing the infrastructure-related products provider at $8.5 billion, CRH said Monday. The deal combines a major building materials supplier with a provider of infrastructure products, consolidating two players in the construction and industrial sectors.
CRH is a building materials provider; Arcosa manufactures infrastructure-related products. Neither company disclosed the per-share price, premium to recent trading levels, financing sources, or expected closing timeline in the initial announcement. No executives were named in the brief disclosure.
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