Building materials group CRH nears deal to buy Arcosa, FT reports

CRH public limited company
Arcosa, Inc.

CRH public limited company

CRH

0.00

Arcosa, Inc.

ACA

0.00

- Ireland's CRH CRH.N is nearing a deal to acquire its rival Arcosa ACA.N, in an acquisition that would be the Irish company’s largest-ever takeover, the Financial Times reported on Sunday, citing people familiar with matter.

CRH and Arcosa are in advanced discussions and an agreement could be reached on a deal as soon as next week, the report said.

Reuters could not immediately verify the report.