Brief: PPC Ltd receives non-binding expression of interest from CRH Plc

Helios Fairfax Partners

13/11/2017 11:30

Nov 13 (Reuters) - PPC Ltd  
    * NON-BINDING EXPRESSION OF INTEREST RECEIVED FROM CRH PLC 
AND 
FURTHER CAUTIONARY ANNOUNCEMENT 
    * RECEIVED A NON- BINDING EXPRESSION OF INTEREST FROM CRH 
PLC 
INDICATING THAT IT IS CONSIDERING SUBMITTING AN ALL-CASH 
PROPOSAL TO ACQUIRE A CONTROLLING STAKE IN PPC 
    * INTENDS TO PROVIDE CRH INITIAL PERIOD TO CONDUCT DUE 
DILIGENCE 
OF PPC TO ALLOW CRH OPPORTUNITY TO, SUBMIT UPDATED EXPRESSION OF 
INTEREST DURING WEEK COMMENCING NOV 20 
    * PROCESS IN RESPECT OF FAIRFAX PARTIAL OFFER, IS STILL 
PROCEEDING IN ACCORDANCE WITH INDEPENDENT BOARD PROCESS 
 
Source text for Eikon:  ID:nJseM0041a  
Further company coverage:  CRH.I  
 
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