CRH PLC Announces Acquisition update -- Ash Grove Cement

ID: 1523396
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(businesspress24) - DUBLIN, IRELAND -- (Marketwired) -- 10/06/17 -- CRH PLC (LSE: CRH)

LSE: CRH

Acquisition update - Ash Grove Cement

6 October 2017

On 21 September 2017, CRH plc announced that it had reached an agreement to acquire Ash Grove Cement Company ("Ash Grove"), a leading US cement manufacturer headquartered in Overland Park, Kansas, for a total consideration of US$3.5 billion. The proposed transaction remains subject to Ash Grove shareholder and regulatory approvals.

CRH notes the announcement made by Ash Grove on 5 October 2017 and in particular that the period for obtaining Ash Grove shareholder approval has been extended.

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Date: 10/06/2017 - 00:00
Language: English
News-ID 1523396
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