BUZZ-Arcosa gains after CRH to buy co in $8.5 bln deal

CRH public limited company
Arcosa, Inc.

CRH public limited company

CRH

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Arcosa, Inc.

ACA

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- ** Infrastructure-related products provider Arcosa's ACA.N shares rise 7.6% premarket to $146.15

** Building materials provider CRH CRH.N to buy ACA for $8.5 billion in cash

** CRH offering $150 per share for Arcosa, representing a 10.4% premium to the stock's last close

** Will pay ACA $372 million fee if deal is terminated

** 23 of 25 brokerages rate the stock "buy" or higher, 2 "hold"; their median PT is $145 - LSEG data

** Deal expected to close in the first quarter of 2027

** Up to last close, ACA is up 27.8% YTD