GE Vernova Supplier Soars After $8.5 Billion Sale To CRH
Building materials group CRH has agreed to acquire infrastructure provider Arcosa in an $8.5 billion all-cash transaction.
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The brief
CRH has reached an agreement to acquire Arcosa, a provider of aggregates and critical infrastructure products. The deal is valued at $8.5 billion and is structured as an all-cash transaction.
Coverage from Business Wire, Bloomberg, Financial Times, CNBC, and Investor's Business Daily confirms the valuation. Reports note that Arcosa is a supplier for GE Vernova and describe the agreement as a record deal for the building materials group.
Market movement regarding Arcosa shares following the announcement remains a focus. Future updates will track the regulatory approval process for the acquisition.
Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1d ago.
Quick answers
What is the value of the acquisition?
The acquisition is valued at $8.5 billion.
Who is the acquiring party?
The building materials group CRH is the acquiring party.
What products does Arcosa provide?
Arcosa is a provider of aggregates and critical infrastructure products.
Coverage (12)
- CRH digs deep for a bigger share of the US construction boom Financial Times · 22h ago
- Dallas-based company Arcosa set to be acquired in $8.5 billion deal Dallas News · 22h ago
- Shareholder Alert: Ademi LLP investigates whether Arcosa, Inc. is obtaining a Fair Price for Public Shareholders Morningstar · 1d ago
- CRH: CRH is about to make its biggest ever M&A. What does it buy? marketscreener.com · 1d ago
- ACA Stock Alert: Halper Sadeh LLC is Investigating Whether Arcosa, Inc. is Obtaining a Fair Price for its Shareholders Business Wire · 1d ago
- Building Materials Giant CRH to Buy Supplier Arcosa $8.5B Cash Deal Engineering News-Record (ENR) · 1d ago
- Building-Materials Supplier CRH to Buy Rival Arcosa for $8.5 Billion WSJ · 1d ago
- CRH to Acquire Arcosa; Leading U.S. Provider of Aggregates and Critical Infrastructure Products for $8.5B Business Wire · 1d ago
- CRH Near Biggest-Ever Deal For Arcosa, Financial Times Says Bloomberg.com · 1d ago
- Building materials group CRH agrees record $8.5bn deal for Arcosa Financial Times · 1d ago
- Building materials group CRH to buy Arcosa in $8.5 billion all-cash deal CNBC · 1d ago
- GE Vernova Supplier Soars After $8.5 Billion Sale To CRH Investor's Business Daily · 1d ago
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