1142 GMT - CRH's valuation of Dallas-based Arcosa could worry investors, Bernstein's Pujarini Ghosh and Victor Acitores write. New York-listed CRH said it will acquire Arcosa in a deal valued at around $8.5 billion Monday. Given Arcosa's current market valuation of $6.7 billion, CRH's management will need to outline synergies in order to justify the price, the analysts say. However, the acquisition will complement the construction group's existing U.S. operations. Arcosa's asphalt and aggregates business adds to CRH's road-building business, they say. The tie-up could allow CRH to raise prices and expand margins, they add. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

June 22, 2026 07:43 ET (11:43 GMT)

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