June 22 (Reuters) - Arcosa Inc ( ACA ):
* CRH TO ACQUIRE ARCOSA; LEADING U.S. PROVIDER OF AGGREGATES
AND CRITICAL INFRASTRUCTURE PRODUCTS FOR $8.5B
* CRH - TO BUY ARCOSA FOR $150 PER SHARE IN ALL-CASH DEAL
* CRH - DEAL VALUES ARCOSA AT $8.5 BILLION ENTERPRISE VALUE,
11.5X 2026E ADJUSTED EBITDA
* CRH - DEAL EXPECTED TO BE ACCRETIVE TO EARNINGS, MARGIN
AND CASH FLOW IN FIRST 12 MONTHS
* CRH - EXPECTS $175 MILLION RUN-RATE COST SYNERGIES BY YEAR
THREE
* CRH - DEAL EXPECTED TO CLOSE IN Q1 2027 PENDING APPROVALS
* CRH: CRH INTENDS TO FUND TRANSACTION WITH AVAILABLE CASH
AND COMMITTED DEBT FINANCING
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