pe and others circling crh

Article from this morning's Street Talk column, holders (link for members or take a free trial to the AFR):

http://www.afr.com/Page/Uuid/a1916e1a-ad57-11e3-bd17-eb245c27b398

Apparently Anchorage Capital Partners is considering a bid. Reckons CRH is a turnaround story.

Also from the article:

"Anchorage is one of a number of parties looking at Crowe, which has been heavily sold since failing to ink a deal with Tony Fenning’s advisory firm SFG Australia last year."
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It has been interesting watching CRH. From looking like it would fall to 20c, big money started coming in after results, and attempting a push towards 30c, which kept getting pushed back. With a few suitors now confirmed to be watching, the share price is looking a lot firmer these days.