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." _________
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.
CRH Price at posting:
29.0¢ Sentiment: None Disclosure: Not Held
