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Share Name | Share Symbol | Market | Type |
---|---|---|---|
CRH Plc | NYSE:CRH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.89 | 1.12% | 80.44 | 80.92 | 80.08 | 80.24 | 2,535,534 | 01:00:00 |
By Ian Walker
Irish building-materials company CRH PLC (CRG.DB) said Thursday it is buying U.S. cement manufacturer Ash Grove Cement Co. (ASHG) for $3.5 billion, financed through existing resources.
Ash Grove, based in Overland Park, Kansas, operates eight cement plants across eight U.S. states, combined with extensive ready-mixed concrete, aggregates and associated logistics assets in the U.S. midwest.
CRH said it expects the deal to close around the end of this year.
Write to Ian Walker at ian.walker@wsj.com<mailto:ian.walker@wsj.com>; @IanWalk40289749
(END) Dow Jones Newswires
September 21, 2017 02:48 ET (06:48 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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