Tiger Brokers

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

Dow Jones
Jun 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)

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

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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