Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  CRH PLC    CRH   IE0001827041

CRH PLC (CRH)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

CRH : Beacon Roofing Supply Announces the Expiration of the Hart-Scott-Rodino Waiting Period for its Acquisition of Allied Building Products

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/04/2017 | 04:03pm CEST

Beacon Roofing Supply, Inc. (NASDAQ: BECN) (“Beacon”) announced today the expiration of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR”), in connection with its acquisition of Allied Building Products Corp. (“Allied”). The waiting period expired on Monday, October 2, 2017. As announced on August 24, 2017, Beacon has entered into a definitive purchase agreement to acquire Allied, one of the country's largest exterior and interior building products distributors, from global diversified building products group CRH plc (LSE: CRH, ISE: CRG, NYSE: CRH) ("CRH") for $2.625 billion in cash. The transaction is expected to close on January 2, 2018.

Following the expiration of the waiting period, Paul Isabella, Beacon’s CEO and President, stated: "We are very pleased that the HSR waiting period now is behind us. Everything is on schedule for our anticipated January 2, 2018 closing, and we remain excited about the combination of these two great companies. This transformative acquisition will allow Beacon to provide even better service and broader product offerings to our customers, greater opportunities for our employees, and increased value for our shareholders.”

Forward-Looking Statements

This release contains information about management’s view of Beacon’s future expectations, plans, and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historic or current facts and often use words such as “anticipate”, “estimate”, “expect”, “believe”, “will likely result”, “outlook”, “project” and other words and expressions of similar meaning. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to, those set forth in the “Risk Factors” section of Beacon’s latest Form 10-K and subsequent SEC filings. The forward-looking statements included in this press release represent Beacon’s views as of the date of this press release and these views could change. However, while Beacon may elect to update these forward-looking statements at some point, Beacon specifically disclaims any obligation to do so, other than as required by federal securities laws. These forward-looking statements should not be relied upon as representing Beacon’s views as of any date subsequent to the date of this press release.

About Beacon Roofing Supply, Inc.

Founded in 1928, Beacon Roofing Supply, Inc. is the largest publicly traded distributor of residential and commercial roofing materials and complementary building products, operating 383 branches throughout 48 states in the U.S. and 6 provinces in Canada. To learn more about Beacon and its family of regional brands, please visit www.becn.com.


© Business Wire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CRH PLC
12:21a Ash Grove approves sale to CRH after Summit drop out
10/20 CRH : receives Ash Grove shareholder approval for US$3.5bn acquisition
10/06 CRH : Acquisition update - Ash Grove Cement
10/06DJCRH : Acquisition update - Ash Grove Cement
10/06 CRH PLC : Announces Acquisition update -- Ash Grove Cement
10/04 CRH : Beacon Roofing Supply Announces the Expiration of the Hart-Scott-Rodino Wa..
10/02 CRH : Meeting gets input on Clearwater Valley viewscapes
10/02 CRH : Reportedly Nears Deal To Buy Suwannee American Cement
09/28 CRH : supply of FORSITE 600D graphics station
09/22 CRH : 2017 Interim Dividend Scrip Alternative
More news
News from SeekingAlpha
10/06 Summit Materials nudges past CRH with $3.8B bid for Ash Grove
Financials (€)
Sales 2017 27 726 M
EBIT 2017 2 283 M
Net income 2017 1 446 M
Debt 2017 4 003 M
Yield 2017 2,17%
P/E ratio 2017 17,75
P/E ratio 2018 15,81
EV / Sales 2017 1,09x
EV / Sales 2018 1,05x
Capitalization 26 139 M
Chart CRH PLC
Duration : Period :
CRH PLC Technical Analysis Chart | CRH | IE0001827041 | 4-Traders
Technical analysis trends CRH PLC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 34,0 €
Spread / Average Target 8,9%
EPS Revisions
Managers
NameTitle
Albert Jude Manifold Chief Executive Officer, COO & Executive Director
Nicholas Hartery Chairman
Senan Murphy Group Finance Director & Executive Director
Ernst J. Bärtschi Independent Non-Executive Director
Heather Ann McSharry Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
CRH PLC-2.97%30 800
LAFARGEHOLCIM4.10%34 832
CRH PLC-6.02%30 081
HEIDELBERGCEMENT-5.29%19 633
ULTRATECH CEMENT LTD25.57%17 274
VULCAN MATERIALS COMPANY-6.56%15 468