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|View ASHG Detailed Price Forecast - CNN Money||View ASHG Detailed Summary - Google Finance|
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|View the Analyst Estimates for ASHG - MarketWatch||View the Earnings History for ASHG - CNBC|
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CRH to pause on major deals for rest of 2018 -CEO
Posted on Thursday April 26, 2018
Irish building materials group CRH is likely to hold back on major acquisition activity for the rest of 2018 as it digests last year's deals, CEO Albert Manifold said on Thursday. CRH committed to 5 billion euros ($6.1 billion) of deals last year, including the 3 billion euro purchase of Ash Grove Cement Co, which is due to close shortly.
Big spending building materials maker CRH on lookout for more deals
Posted on Tuesday November 21, 2017
Ireland's CRH, the world's third-largest building materials group by market capitalisation, said on Tuesday it has capacity on its balance sheet for more deals, after a spending spree this year. It said it is refocusing on North America and announced it had spent $750 million on cement acquisitions in Florida, making it the largest building materials company in the state. CRH recently secured a deal to buy U.S. cement maker Ash Grove Cement Co for $3.5 billion to strengthen its grip in North America, and last week it joined the race for South African cement maker PPC.
Ireland's CRH joins battle for South African cement maker PPC
Posted on Monday November 13, 2017
Irish building materials firm CRH has made a cash bid for cement maker PPC, taking on South African rival Afrisam and Switzerland's LafargeHolcim. PPC, which did not disclose the value of CRH's non-binding ...
Ash Grove approves sale to CRH after Summit drop out
Posted on Friday October 20, 2017
A majority of Ash Grove Cement's (ASHG.PK) shareholders approved the sale of the U.S. cement maker to Ireland's CRH (CRH.I) on Friday after a rival bid from Summit Materials (SUM.N) failed to materialise. Summit, a U.S. construction firm set up in 2009 by former CRH executives, attempted to outbid their former colleagues earlier this month with a preliminary bid valued at $3.7 (2.80 billion pounds) -$3.8 billion, a source familiar with the matter told Reuters. Kansas-based Ash Grove, whose board had already unanimously approved CRH's $3.5 billion bid, did not name the rival suitor when it extended the period during which it was able to look for other potential buyers to Oct. 20.