CRH Plc has agreed to acquire Arcosa Inc., a U.S. construction services company, in what multiple reports describe as the biggest deal in CRH’s history. Bloomberg reports that the acquisition is valued at $8.5 billion. The Financial Times adds that the transaction is near completion and that an agreement could be announced as soon as next week, citing people familiar with the matter. Financial Post also characterizes the deal as CRH’s largest, reiterating the $8.5 billion purchase price and the focus on Arcosa’s construction services business. Across the outlets, the core terms described are the same: CRH is buying Arcosa for $8.5 billion, and the transaction is expected to be a record for the Irish building materials company. The reports do not provide additional deal details such as regulatory timelines, financing structure, or specific closing conditions in the excerpts provided.
CRH agrees to acquire Arcosa for $8.5 billion in its biggest deal
CRH Plc has agreed to acquire Arcosa Inc., a U.S. construction services company, in what multiple reports describe as the biggest deal in CRH’s history. Bloomberg reports that the acquisition is value...
- CRH Plc agrees to acquire Arcosa Inc., a U.S. construction services company.
- The deal value is reported at $8.5 billion.
- All sources describe it as CRH’s biggest or record deal.
- The Financial Times says CRH is close to finalizing the agreement and it could be announced as soon as next week.
CRH Plc agreed to acquire US construction services company Arcosa for $8.5 billion in what is a record deal for the Irish building materials supplier.
10 hours agoCRH Plc agreed to acquire US construction services company Arcosa for $8.5 billion in what is a record deal for the Irish building materials provider.
16 hours agoBuilding materials group CRH Plc. is close to its biggest deal ever to acquire competitor Arcosa Inc., and an agreement could come as soon as next week, the Financial Times reports, citing people familiar with the matter.
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