Lorcan Allen: Irish investors can have no complaints as Flutter and CRH flee to pursue US listings

The Irish building materials firm plans to move its main stock market listing to New York, to capitalise on a ‘golden age’ of infrastructure building

Albert Manifold, CRH chief executive and chairman Richie Boucher: CRH is the largest company listed on the Euronext Dublin and its departure will have profound implications. Picture: Maura Hickey

CRH believes it has an image problem. It’s still just a little bit too Irish for American tastes.

At the company’s AGM last week in Dublin, Albert Manifold, the veteran chief executive of the building materials company, said CRH was a “de facto” American company.

CRH’s North America division accounts for almost 60 per cent of its 75,000 global employees, 65 per cent of its $33 billion in sales and a massive 75 per cent ...