Irish cement maker, CRH said it has reached an agreement to divest its Americas Distribution business for a total cash consideration of $2.63 billion. CRH said in a statement that it is pleased to announce that the transaction is now complete.
Irish building materials group CRH has decided not to bid for PPC, the South African rival revealed on Thursday. Last month, the group made an undisclosed cash bid for PPC and had been given time for due diligence and to submit an updated bid. “Following receipt of CRH’s initial expression […]
Ireland cement major, CRH said it has made a non-binding offer to acquire South Africa’s cement maker, PPC. The offer makes the scenario more competitive as France’s LafargeHolcim and Dangote Group had initiated rival bids. According to Reuters, this is AfriSam’s third attempt in three years to merge with PPC […]