CRH PLC Stock News

Building materials group CRH is one of Ireland''s largest companies.

Building materials giant to exit joint venture in St Petersburg owned by CRH’s Finnish unit

CRH (NYSE:CRH) is scheduled to announce FY earnings results on Thursday, March 3rd, before market open.The consensus EPS Estimate is $3.02 (+112.7% Y/Y) and the consensus Revenue Estimate…

CRH (CRH) has entered into a binding agreement to divest Oldcastle BuildingEnvelope ((OBE)), its Building Envelope business to KPS Capital Partners, LP for an enterprise value of…

Building materials giant CRH has entered into an agreement to sell its Building Envelope business for an enterprise value of $3.8bn (€3.4bn).

(Reuters) – Irish building materials firm CRH Plc said on Monday it was in talks regarding a potential sale of Building Envelope, its U.S.-based unit that manufactures products for glass buildings.

North American Leader in Architectural Hardware, Glass and Glazing Systems NEW YORK , Feb. 28, 2022 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire Oldcastle BuildingEnvelope Inc. ("OBE" or the "Company") from CRH plc (LSE: CRH) for approximately $3.45 billion in cash. Completion of the transaction is expected in mid-2022 and is subject to customary closing conditions and approvals. OBE is North America''s leading vertically-integrated manufacturer, fabricator and distributor of architectural hardware, glass and glazing systems. Headquartered in Dallas, Texas , OBE is a world-class building products company with significant presence in every major metropolitan statistical area in the United States and Canada. The Company manufactures high-performance architectural glass products and aluminum framing systems and, through its subsidiary C.R. Laurence, distributes complementary branded hardware and glazing supplies.

Group says decision to sell at ‘attractive valuation’ in line with approach to portfolio management

Bloomberg reports that CRH is close to selling unit to private equity firm KPS Capital Partners

CRH Plc, one of the world’s biggest building materials companies, is nearing a deal to sell its Oldcastle Building Envelope unit to buyout firm KPS Capital Partners for about $3.8 billion, people with knowledge of the matter said.

L1 Capital, an investment management firm, published its ‘L1 Capital International Fund’ fourth quarter 2021 investor letter – a copy of which can be downloaded here.

Upbeat housing demand and federal infrastructure spending are likely to benefit the Zacks Building Products - Concrete & Aggregates industry. Let's see whether MLM or VMC is a better buy at the moment

Upbeat housing demand and federal infrastructure spending are likely to benefit the Zacks Building Products - Concrete & Aggregates industry. Let's see whether MLM or VMC is a better buy at the moment

CRH Plc - ADR (CRH) shares closed today at 1.0% below its 52 week high of $53.75, giving the company a market cap of $41B. The stock is currently up 0.8% year-to-date, up 28.0% over the past 12 months, and up 78.9% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 71.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -272.1% The company's stock price performance over the past 12 months beats the peer average by 19.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 109.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.