CRH's Mooted Acquisition Would Overlap With U.S. Operations -- Market Talk

Dow Jones
06/22

0931 GMT - CRH's potential acquisition of U.S. construction group Arcosa will overlap with to the group's operations in the country, Jefferies's Glynis Johnson writes. The Ireland-based group is nearing a deal to buy Dallas-based Arcosa for over $8 billion, according to a report in the Financial Times. "Arcosa is largely focused in the U.S. with only limited exposure to Canada and Mexico, and appears to have significant crossover with CRH's U.S. operations," the analyst writes. The debt-driven acquisition would raise CRH's net debt to earnings ratio for 2026, though the analyst sees potential for the construction group to sell other assets. CRH shares are flat premarket. (josephmichael.stonor@wsj.com)

 

(END) Dow Jones Newswires

June 22, 2026 05:31 ET (09:31 GMT)

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