BRIEF-Crh To Acquire Arcosa Leading U.S. Provider Of Aggregates And Critical Infrastructure Products For $8.5B
CRH public limited company CRH | 0.00 | |
Arcosa, Inc. ACA | 0.00 |
June 22 (Reuters) - Arcosa Inc ACA.N:
CRH TO ACQUIRE ARCOSA; LEADING U.S. PROVIDER OF AGGREGATES AND CRITICAL INFRASTRUCTURE PRODUCTS FOR $8.5B
CRH - TO BUY ARCOSA FOR $150 PER SHARE IN ALL-CASH DEAL
CRH - DEAL VALUES ARCOSA AT $8.5 BILLION ENTERPRISE VALUE, 11.5X 2026E ADJUSTED EBITDA
CRH - DEAL EXPECTED TO BE ACCRETIVE TO EARNINGS, MARGIN AND CASH FLOW IN FIRST 12 MONTHS
CRH - EXPECTS $175 MILLION RUN-RATE COST SYNERGIES BY YEAR THREE
CRH - DEAL EXPECTED TO CLOSE IN Q1 2027 PENDING APPROVALS
CRH: CRH INTENDS TO FUND TRANSACTION WITH AVAILABLE CASH AND COMMITTED DEBT FINANCING
Source text: ID:nBw6W4wg7a
Further company coverage: ACA.N
