CRH to decide on sale of European distribution business 'in 2-3 months'

Building materials group CRH will decide, within the next three months, whether or not to sell its European distribution division.

CRH to decide on sale of European distribution business 'in 2-3 months'
Thu, 25 Apr, 2019 - 19:19
Geoff Percival

Building materials group CRH will decide, within the next three months, whether or not to sell its European distribution division.

Speaking after the group's AGM in Dún Laoghaire, chief executive Albert Manifold refused to confirm reports that Bank of America has been hired to sell the unit, which has an estimated value of €2bn.

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