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ENR > Finance > CRH Buys Ashland’s Highway and Materials Unit - McGraw-Hill Construction | ENR

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CRH Buys Ashland’s Highway and Materials Unit - McGraw-Hill Construction | ENR

Publication Date: 21-AUG-06
Author:  Richard Korman
Price: $4.95
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Description
Dublin-based materials powerhouse CRH plc says that its U.S. subsidiary, Oldcastle Materials Inc., is buying APAC, the highway construction and materials unit of Ashland Inc., for $1.3 billion. The companies expect to close the deal in a few weeks.

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