finance
CRH nears purchase of Arcosa in its largest deal to date
The Irish building materials company is close to acquiring the Dallas-based construction firm Arcosa, which has a market value near $7 billion. The transaction would mark CRH's biggest acquisition.
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CRH is approaching a deal to purchase Arcosa, a Dallas-based construction firm with a market capitalization of nearly $7 billion. The agreement would represent the largest acquisition in CRH's history.
CRH, headquartered in Ireland, operates in building materials and related services. The companies have not disclosed financial terms or a timeline for completing the transaction. Market participants have noted that Arcosa's valuation places the potential deal among the larger transactions in the sector this year.
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