Arcosa Stock Rises on $8.5 Billion Acquisition by CRH -- Barrons.com

Dow Jones
06/22

By Kit Norton

Shares of Arcosa rose on Monday after CRH announced it is acquiring the company for $8.5 billion in an all-cash transaction.

Arcosa stock advanced 7.3% to $145.71 in premarket trading on Monday. Shares of CRH were not yet active on Monday. CRH stock closed up 1.7% to $111.24 on Friday.

CRH, one of the largest U.S. construction and construction materials companies, said Monday it has agreed to acquire Arcosa for $150 a share, which represents a 25% premium to Arcosa stock's 60-day trading volume-weighted average price as of June 18. The $150 a share valuation is also 10% higher than Arcosa stock's closing price from Friday.

The deal is expected to close in the first quarter of 2027.

Arcosa, based in Texas, has a critical infrastructure business that focuses on the energy transmission market. Energy transmission has been gaining traction among investors due to the need to modernize the U.S. grid with the ever growing demand for artificial intelligence, energy, and data centers.

"As demand for U.S. energy and utility infrastructure solutions accelerates, this transaction places CRH at the forefront of an immense growth opportunity and demonstrates our ongoing commitment to building market-leading positions through disciplined capital allocation," CRH CEO Jim Mintern said in the media release Monday.

Write to Kit Norton at kit.norton@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

June 22, 2026 07:59 ET (11:59 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10