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CRH, together with Barro Group, entered a binding agreement to acquire Adbri Ltd. CRH will acquire the remaining 57% of Adbri shares not owned by Barro for A$3.20 per share, valuing Adbri at A$2.1 billion (US$1.4 billion). The transaction is expected to complete in 2024.
“Adbri is an attractive business with high-quality assets and leading market positions that complement our core competencies in cement, concrete and aggregates.”businesswire.com
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