Companies
CRH seeks to buy Australian firm Adbri in €1.3bn deal
Under the proposal, CRH would partner with Australian firm Barro, which currently owns 43 per cent of Adbri
CRH, the Irish-headquartered building materials giant, together with the Barro Group, has made an offer to buy Adbri Ltd.
Adbri, formerly known as Adelaide Brighton, is a leading building materials business in Australia, listed on the Australian Securities Exchange (ASX), according to a statement from CRH.
The partners have submitted a non-binding offer to acquire 100 per cent of the ordinary shares of the company for a cash price of AUD $3.20 per share.
The ...
