ABC adbri limited
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News: ABC CRH Announces Scheme Of Arrangement Approval For Proposed Adbri Acquisition

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    14/06/24
    16:10
    Post #: 74320809

    June 14 (Reuters) - CRH PLC CRH.N :

    • SCHEME OF ARRANGEMENT APPROVAL FOR PROPOSED ADBRI ACQUISITION
    • SCHEME OF ARRANGEMENT APPROVAL FOR PROPOSED ADBRI ACQUISITION
    • CRH WILL ACQUIRE REMAINING 57% OF ORDINARY SHARES OF ADBRI NOT OWNED BY BARRO FOR PREVIOUSLY AGREED CASH CONSIDERATION OF A$3.2 PER SHARE
    • OFFER VALUES ADBRI AT AN EQUITY VALUATION OF A$2.1 BILLION (US$1.4 BILLION) ON A 100% BASIS
    • OFFER VALUES ADBRI AT AN EQUITY VALUATION OF A$2.1 BILLION (US$1.4 BILLION)
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