Edition:
United Kingdom

CRH PLC (CRH.L)

CRH.L on London Stock Exchange

2,620.00GBp
3:04pm BST
Change (% chg)

-30.00 (-1.13%)
Prev Close
2,650.00
Open
2,659.00
Day's High
2,677.00
Day's Low
2,612.00
Volume
716,839
Avg. Vol
1,366,827
52-wk High
2,768.00
52-wk Low
1,960.56

Select another date:

Tue, Jul 16 2019

REFILE-BAML in pole position for financing Blackstone’s CRH unit buy

LONDON, July 16 (LPC) - Bank of America Merrill Lynch looks set to take a leading role on a debt financing backing private equity firm Blackstone’s €1.64bn acquisition of Irish building materials supplier CRH’s European distribution arm, banking sources said.

CRH to exit distribution business in $1.9 billion Blackstone deal

Irish building materials supplier CRH is selling its underperforming European distribution unit to Blackstone-backed private equity funds for 1.64 billion euros (£1.48 billion), including net debt.

UPDATE 2-CRH to exit distribution business in $1.9 bln Blackstone deal

* Transaction value is attractive - JPM analysts (Recasts, adds analysts comments, industry background)

CRH to sell European distribution arm to Blackstone in $1.9 bln deal

July 16 Irish cement maker CRH said on Tuesday it has agreed to sell its European distribution arm to private equity funds managed by Blackstone Group Inc for an enterprise value of about 1.64 billion euros ($1.85 billion).

Activist Cevian wants more focused CRH, says stock could double

STOCKHOLM Irish cement maker CRH needs to press ahead with extensive structural improvements, activist shareholder Cevian told Reuters, adding that the company could double in value in the next three to five years if it does so.

Banks line up €1bn debt as CRH unit sale heats up

LONDON, June 6 (LPC) - Bankers are working on debt financings in excess of €1bn to back a potential sale of Irish building materials group CRH’s European distribution arm as bidders prepare second round bids, banking sources said.

CRH sees interest in potential sale of European distribution arm

DUBLIN Irish building materials group CRH has had a lot of interest in its European distribution arm ahead of a decision in the next two to three months on whether to trigger a sale, Chief Executive Albert Manifold said on Thursday.

CRH sees interest in potential sale of European distribution arm

DUBLIN Irish building materials group CRH has had a lot of interest in its European distribution arm ahead of a decision in the next two to three months on whether to trigger a sale, Chief Executive Albert Manifold said on Thursday.

UPDATE 1-CRH sees interest in potential sale of European distribution arm

DUBLIN, April 25 Irish building materials group CRH has had a lot of interest in its European distribution arm ahead of a decision in the next two to three months on whether to trigger a sale, Chief Executive Albert Manifold said on Thursday.

CRH sees interest in potential sale of European distribution arm

DUBLIN, April 25 Irish building materials group CRH has had a lot of interest in its European distribution arm ahead of a decision in the next two to three months on whether to trigger a sale, Chief Executive Albert Manifold said on Thursday.

Select another date: