CRH completes Europe Distribution divestment

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Ireland: CRH has concluded a deal with an unspecified party for the sale of CRH Europe Distribution for Euro1.64bn. The Financial Times reported in July 2019 that private equity funds managed by American-based Blackstone would buy the company’s European distribution division. CRH will reportedly use the proceeds of sale for future acquisitions including its own share buyback programme.

Last modified on 06 November 2019

URL: https://globalcement.com/news/item/10041-crh-completes-europe-distribution-divestment

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