CRH announces biggest-ever transaction

Building materials group CRH has announced its biggest-ever transaction - its US subsidiary Oldcastle Materials has reached agreement to purchase Ashland Paving And Construction (APAC) for $1.3bn (€1.01bn).

CRH announces biggest-ever transaction
Mon, 21 Aug, 2006 - 19:54

Building materials group CRH has announced its biggest-ever transaction - its US subsidiary Oldcastle Materials has reached agreement to purchase Ashland Paving And Construction (APAC) for $1.3bn (€1.01bn).

Goodwill arising on the transaction is estimated at approximately $450m (€349m).

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