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BRIEF-CRH Announces Scheme Of Arrangement Approval For Proposed Adbri Acquisition
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BRIEF-CRH Announces Scheme Of Arrangement Approval For Proposed Adbri Acquisition
Jun 13, 2024 11:43 PM

June 14 (Reuters) - CRH PLC ( CRH ):

* 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:

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