CRH rejects illegal share buy claims

CRH last night rejected claims it had illegally purchased shares in a Spanish cement company.

The building material giant, one of the country’s largest companies, said the €300 million purchase of a 26.3% stake in Corporación Uniland was organised correctly.

Corporación Uniland said it had begun a legal challenge in the Spanish courts to force CRH to relinquish the shares.