Brief: CRH Announces Scheme Of Arrangement Approval For Proposed Adbri Acquisition

Adbri

14/06/2024 07:05

June 14 (Reuters) - CRH PLC  CRH.N :
    * SCHEME OF ARRANGEMENT APPROVAL FOR PROPOSED ADBRI
ACQUISITION
    * SCHEME OF ARRANGEMENT APPROVAL FOR PROPOSED ADBRI
ACQUISITION
    * CRH WILL ACQUIRE REMAINING 57% OF ORDINARY SHARES OF ADBRI
NOT
OWNED BY BARRO FOR PREVIOUSLY AGREED CASH CONSIDERATION OF A$3.2
PER SHARE
    * OFFER VALUES ADBRI AT AN EQUITY VALUATION OF A$2.1 BILLION
(US$1.4 BILLION) ON A 100% BASIS
    * OFFER VALUES ADBRI AT AN EQUITY VALUATION OF A$2.1 BILLION
(US$1.4 BILLION)

Source text for Eikon:  ID:nBw1gdCJya 
Further company coverage:  CRH.N 

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