CRH makes cash bid for South African cement maker PPC

CRH made a non-binding cash bid for PPC, a South African cement producer. PPC will allow CRH to conduct due diligence and submit an updated bid next week. The value was not disclosed.

“CRH's updated expression of interest would include a per share value, adding that its discussions with LafargeHolcim and CRH 'may or may not lead to the submission of firm intention letters'.”rte.ie

• 2 sources
• rte.ieCRH joins battle for South African cement maker PPCRTÉ NewsNov 13, 2017
• uk.marketscreener.comCRH plc completed the acquisition of Suwannee American Cement LLC, Prestige Concrete Products, Inc. and A. Mining Group, LLC from Votorantim Cimentos North America, Inc. and Anderson Columbia Co., Inc. | MarketScreener UKS&P Capital IQNov 29, 2017

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