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GE Vernova Supplier Soars After $8.5 Billion Sale To CRH

Construction materials group CRH is acquiring rival Arcosa for $8.5 billion in an all-cash transaction. Arcosa is a Dallas-based provider of aggregates and critical infrastructure products and a supplier to GE Vernova. The move aims to increase CRH's presence during the North American infrastructure boom.

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What changed

CRH announced its largest-ever deal to purchase Arcosa for $8.5 billion.

Live updates

  1. CRH to Acquire Arcosa in $8.5 Billion Cash Deal

    Construction materials group CRH is acquiring rival Arcosa for $8.5 billion in an all-cash transaction. Arcosa is a Dallas-based provider of aggregates and critical infrastructure products and a supplier to GE Vernova. The move aims to increase CRH's presence during the North American infrastructure boom.

    What's confirmed:

    • CRH is buying rival Arcosa in an $8.5 billion all-cash deal.
    • Arcosa is a Dallas-based provider of aggregates and critical infrastructure products.
    • Arcosa is a supplier to GE Vernova.
    • Arcosa stock rose before the market opened on Monday.
    confidence 100%