Building Materials Giant CRH Agrees to Buy Rival Arcosa for $8.5 Billion in All-Cash Deal
Financial Times—CRH, one of the world's largest building materials companies, agreed to acquire Texas-based rival Arcosa in an $8.5 billion all-cash transaction — the company's biggest-ever deal. The Financial Times first reported CRH was nearing the acquisition, with Bloomberg, CNBC, and the Wall Street Journal all confirming the deal. The purchase would substantially expand CRH's presence in North American infrastructure materials.
- Financial Times — FT first reported CRH was nearing what would be its biggest-ever acquisition
- Wall Street Journal — WSJ confirmed CRH's agreement to buy building materials rival Arcosa
- CNBC — CRH to buy Arcosa in an $8.5 billion all-cash deal
- Bloomberg — Bloomberg confirmed CRH nearing its biggest-ever deal to acquire Arcosa