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CRH CRH Plc

80.44
0.89 (1.12%)
04 May 2024 - Closed
Delayed by 15 minutes
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

CRH to Buy Ash Grove Cement for $3.5 Billion

21/09/2017 8:03am

Dow Jones News


CRH (NYSE:CRH)
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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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