CRH among firms selected to do due diligence on US assets of Italcementi

The assets are valued at around $600 million

CRH chief executive Albert Manifold Pic: Maura Hickey

CRH is among the companies chosen to carry out due diligence on the US assets of Italcementi, which are valued at around $600 million (€540 million).

Bloomberg News reported that Heidelberg Cement, which is selling $1 billion of Italcementi assets to appease competition authorities following its purchase of the Italian company,c had also named Summit Materials among the bidders selected to carry out due diligence.

The German firm also selected a number of ...