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United Kingdom

CRH PLC (CRH.L)

CRH.L on London Stock Exchange

2,542.00GBp
16 Aug 2018
Change (% chg)

58.00 (+2.33%)
Prev Close
2,484.00
Open
2,488.00
Day's High
2,542.00
Day's Low
2,488.00
Volume
1,273,089
Avg. Vol
1,566,250
52-wk High
2,894.00
52-wk Low
2,326.00

Latest Key Developments (Source: Significant Developments)

UK's CMA Says Decided Not To Refer Acquisition By CRH Of Alun Griffiths To Phase 2 Investigation
Friday, 29 Jun 2018 

June 29 (Reuters) - UK'S CMA: :DECIDED NOT TO REFER ACQUISITION BY CRH THROUGH ITS SUBSIDIARY TARMAC TRADING LIMITED OF ALUN GRIFFITHS TO A PHASE 2 INVESTIGATION.  Full Article

CRH Says To Combine Certain European, Americas Businesses
Thursday, 31 May 2018 

May 31 (Reuters) - CRH PLC ::ANNOUNCES ORGANISATIONAL & BUSINESS IMPROVEMENT INITIATIVES.WILL ESTABLISH NEW GLOBAL BUILDING PRODUCTS DIVISION EFFECTIVE 1 JAN 2019, BRINGING TOGETHER EUROPE LIGHTSIDE, EUROPE DISTRIBUTION AND AMERICAS PRODUCTS DIVISIONS.TARGETING TO IMPROVE GROUP'S EBITDA MARGIN BY 300 BASIS POINTS BY 2021.TARGETING TO HAVE EUR 7 BILLION OF FINANCIAL CAPACITY OVER NEXT 4 YEARS (AFTER CAPEX AND DIVIDENDS).DAVID DILLON,PRESIDENT, EUROPE LIGHTSIDE & DISTRIBUTION, WILL ASSUME NEW ROLE OF PRESIDENT, GLOBAL STRATEGY & BUSINESS DEVELOPMENT, REPORTING TO CEO.  Full Article

CRH Says Commence Phase 1 Of Share Buyback Programme
Wednesday, 2 May 2018 

May 2 (Reuters) - CRH PLC ::CRH COMMENCES PHASE 1 OF SHARE BUYBACK PROGRAMME.HAS ENTERED INTO ARRANGEMENTS WITH UBS TO REPURCHASE ORDINARY SHARES ON CRH'S BEHALF FOR A MAXIMUM CONSIDERATION OF EUR 350 MILLION.PHASE 1 PROGRAMME WILL COMMENCE ON 2 MAY 2018, AND WILL END NO LATER THAN 22 AUGUST 2018.  Full Article

CRH Announces Completion Of Americas Distribution Divestment
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - CRH Plc ::CRH DIVESTMENT UPDATE.CRH ANNOUNCES COMPLETION OF AMERICAS DISTRIBUTION DIVESTMENT.  Full Article

Fairfax drops out of bidding for South African cement maker PPC
Monday, 11 Dec 2017 

Dec 11 (Reuters) - PPC Ltd ::NOTIFICATION OF WITHDRAWAL OF FAIRFAX PARTIAL OFFER AND FURTHER CAUTIONARY ANNOUNCEMENT.ON 8 DECEMBER 2017, INDEPENDENT BOARD RECEIVED FAIRFAX'S FORMAL NOTIFICATION THAT IT WILL NOT PROCEED WITH PARTIAL OFFER.PPC LTD BOARD CONTINUES TO ENGAGE WITH LAFARGEHOLCIM IN RESPECT OF ITS APPROACH.  Full Article

PPC says independent board to not recommend offer by Fairfax Africa Investments
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - PPC Ltd - :‍RECOMMENDATION OF INDEPENDENT BOARD NOT TO ACCEPT OFFER BY FAIRFAX AFRICA INVESTMENTS PROPRIETARY LIMITED ("FAIRFAX").‍PPC WILL NOT CONVENE A GENERAL MEETING OF SHAREHOLDERS FOR PURPOSES OF APPROVING PROPOSED MERGER​.‍TAKEOVER REGULATION PANEL HAS GRANTED FAIRFAX AN EXTENSION OF DATE BY WHICH IT IS REQUIRED TO POST PARTIAL OFFER CIRCULAR UNTIL 12 DECEMBER 2017​.‍PPC IS CONTINUING ITS ENGAGEMENTS WITH CRH AND LH REGARDING THEIR RESPECTIVE NON-BINDING EXPRESSIONS OF INTEREST​.  Full Article

CRH says has capacity for further deals after fresh U.S move
Tuesday, 21 Nov 2017 

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.  Full Article

CRH sees FY earnings rising above 3.2 billion euros ​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - CRH Plc :‍Sales increased by 2 percent to 20.7 bln euros in first nine months compared with corresponding period in 2016​.‍EBITDA for nine months to end of September 2017 was 2.43 billion euros, an increase of 2 percent compared with 2016​.‍Continue to expect another year of progress for the group; with current momentum continuing for remainder of year​.‍EBITDA including discontinued operations estimated to be in excess of eur 3.2 billion (2016 reported: eur 3.13 billion)​.‍To date in 2017, group spent 1.34 billion euros on 27 acquisition/investment transactions​.‍Expect year-end net debt to be in line with last year​.  Full Article

Ash Grove shareholders approve $3.5 bln sale to CRH
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Crh Plc :‍CRH has now received Ash Grove shareholder approval for proposed acquisition at a total consideration of $3.5 billion​.  Full Article

Ash Grove Cement announces stockholder approval of pending acquisition by CRH Plc
Friday, 20 Oct 2017 

Oct 20 (Reuters) - CRH Plc :Ash Grove Cement Company announces stockholder approval of pending acquisition by CRH Plc.Ash Grove Cement Co - ‍merger with CRH Plc approved by stockholders holding more than majority of outstanding voting stock, acting by written consent​.  Full Article

UPDATE 1-UK Stocks-Factors to watch on June 25

June 25 Britain's FTSE 100 index is seen opening 35 points lower at 7,647 on Monday, according to financial bookmakers, with futures down 0.48 percent ahead of the cash market open.