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CRH completes $2.1bn acquisition of materials assets in Texas

BusinessWire_EN 
0 0 12.02.24
CRH completes $2.1bn acquisition of materials assets in Texas: https://mms.businesswire.com/media/20240206966717/en/2018095/5/CRH-Logo-FullColour-RGB-7200x7200.jpg
 

On November 21, 2023, CRH plc announced that it had reached an agreement to acquire an attractive portfolio of cement and readymixed concrete assets in Texas, USA for a total consideration of $2.1 billion. CRH is pleased to announce that the transaction is now complete.

About CRH

CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing c.75,800 people at c.3,160 operating locations in 29 countries, CRH has market leadership positions in both North America and Europe. As the essential partner for road and critical utility infrastructure, commercial building projects and outdoor living solutions, CRH’s unique offering of materials, products and value-added services helps to deliver a more resilient and sustainable built environment. The company is ranked among sector leaders by Environmental, Social and Governance (ESG) rating agencies. A Fortune 500 company, CRH’s shares are listed on the NYSE and LSE.

Registered Office: No 12965. Registered Office: 42 Fitzwilliam Square, Dublin 2, R02 R279, Ireland

View source version on businesswire.com: https://www.businesswire.com/news/home/20240212918677/en/

CRH plc Stock

€74.78
-1.590%
We can see a decrease in the price for CRH plc. Compared to yesterday it has lost -€1.180 (-1.590%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the CRH plc stock is not clear.
With a target price of 90 € there is a positive potential of 20.35% for CRH plc compared to the current price of 74.78 €.
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