CRH beats PE group to buy Lafarge, Holcim assets for $7.4 bln: Reuters
CRH has agreed to pay 6.5 billion euros (US$7.4 billion) for assets from rivals Lafarge and Holcim, in a deal that will transform the Irish company into the world's third-biggest building materials supplier, Reuters reported. CRH beat a consortium led by Blackstone, according to people familiar with the matter. Reuters previously reported that Canada Pension Plan Investment Board (CPPIB) was part of Blackstone's bidding group.
2 February 2015•3 mins read
