Reuters logo
BRIEF-CRH says has capacity for further deals after fresh U.S move
November 21, 2017 / 9:20 AM / 23 days ago

BRIEF-CRH says has capacity for further deals after fresh U.S move

Nov 21 (Reuters) - CRH Plc

* CRH says paying average 10x 2017 FY EBITDA, 8x post-synergies for $3.5 billion Ash Grove, $0.75 billion Florida cement deals

* CRH says has identified $80 million of synergies from ash grove acquisition over three years

* CRH CEO says recent acquisitions very deliberate attempt to refocus group on U.S. and higher growth states

* CRH CFO says still has capacity on balance sheet to do further deals as they present themselves

* CRH CEO says would not expect any significant deals in new geographies Further company coverage: (Reporting By Padraic Halpin)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below