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IN BRIEF: CRH completes divestment of Building Envelope business

3rd May 2022 09:00

CRH - Dublin-based building materials firm - Completes the sale of its Building Envelope business for an enterprise value of USD3.8 billion. In February, CRH had said it would offload the business to New York-based investment company KPS Capital Partners LP. The deal includes USD3.45 billion in cash and a transfer of lease liabilities of USD350 million.

Current stock price: 3,208.50 pence

12-month change: down 6.3%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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CRH
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