Australia's Adbri receives $1.4 billion offer from Barro Group and CRH
17/12/2023 22:14
Dec 18 (Reuters) - Australia's Adbri ABC.AX said on Monday that it has received a non-binding indicative proposal from CRH and the Barro Group Pty Ltd to acquire shares that Barro does not currently own, implying an equity value of about A$2.1 billion. ($1.41 billion) ($1 = 1.4937 Australian dollars) (Reporting by Archishma Iyer in Bengaluru; Editing by Sandra Maler) ((Archishma.Iyer@thomsonreuters.com;))
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