Irish building materials company CRH plc.
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Building â materials provider CRH said on âMonday âit âwould acquire Arcosa in an all-cash deal â valuing âthe infrastructure-related products â provider at about $8.5 billion.
CRH is offering $150 per share for âArcosa, representing a 10.4% premium to âArcosa’s last close. Arcosa shares rose 7.4% â to $146 in premarket trade.
The âdeal is âexpected to close in the first â quarter of 2027.
J.P. Morgan and â Morgan â Stanley are acting as financial advisors to CRH, âwhile âEvercore and Goldman Sachs are serving as financial advisors to âArcosa. â
