Company
LON:CRH
CRH plc is a diversified building material company, which manufactures and distributes building material products from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.
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Builders and building materials
The move comes around a month after the Ireland-based global building materials group announced plans to combine certain of its European and American businesses
Builders and building materials
The FTSE 100 building materials business said the commission had issued a consent order for the US$3.5bn transaction
Builders and building materials
“With CRH’s share price now only marginally below our 2870p target price, we move our recommendation from Add to Hold,” the analysts said
Builders and building materials
The world’s third-largest building group said it would combine its Europe Lightside, Europe Distribution and Americas Products divisions into a new division from 1 January 2019
Investments and investor services
Tariffs are to be imposed on steel and aloooooooooomin'm imported from Canada, Mexico and the European Union.
Archive
A glance at this week’s top stories from London’s junior miners
Builders and building materials
CRH said it would still pursue smaller acquisitions after spending €150mln on six such deals in the first quarter
Builders and building materials
The FTSE 100-construction company said prolonged winter weather conditions and the timing of the Easter holidays resulted in like-for-like sales falling 2% in the period
A look at some of the highlight movers, up and down, in London
Shire shares propped up the rest of the Footsie leader-board despite Takeda unveiling an improved offer for the drugs maker
Investments and investor services
The premier UK blue-chip exchange added around 45 points at 7,203, while FTSE 250 also stormed higher, up 193 points at 19,968.
Investments and investor services
Capita will be a focus on Thursday, others include Bovis House, Cobham, and National Express.
Archive
The week ahead includes a slew of full year results, including from Taylor Wimpey, Persimmon, GKN, Capita, AB Foods and WPP
Investments and investor services
The minister responsible for Britain's exit from the EU, David Davis said the UK would lead a “global race to the top"
Investments and investor services
If you happen to work for a FTSE 100 company, your boss has already earned more in the past two-and-a-half days then the average UK employee will this year
Builders and building materials
CRH had announced on October 5 that it had reached an agreement to acquire Ash Grove but the US firm then extended the period for obtaining shareholder approval after receiving another unsolicited competing acquisition proposal
Around 4pm, the UK blue chip index was up about 8 points to 7,531
Builders and building materials
Privately-owned Ash Grove said the new bid, from an unnamed party, was valued at US$3.7bn-US$3.8bn and was expected to result in a superior offer
Sterling's decline is good news for the FTSE100, which has a lot of big dollar earners in its midst
Builders and building materials
Kansas-headquartered Ash Grove operates eight cement plants across eight US states, combined with extensive ready mixed concrete, aggregates and associated logistics assets across the US Midwest
