CRH has signed an agreement to acquire 100% of Arcosa Inc. in an all-cash transaction for $150 per share, subject to Arcosa stockholders’ and regulatory approvals.
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Titan Cement Takes Next Step Toward Titan America IPO
In a preliminary U.S. Securities and Exchange Commission filing, Titan Cement International documents the portfolio of a new Norfolk, Va.-based entity, Titan America SA, for which it proposes an initial public offering.
Read MoreHolcim to Spin Off North American Business by 2025
Holcim announced its intent to publicly list its North American business in the United States with a full capital market separation. This process “will create the leading pure-play building solutions company in the region,” the company stated.
Read MoreGCC Reports Strong First Half of 2021
Cement and concrete producer GCC announced positive results for the second quarter of 2021. Consolidated net sales increased 18.1% to $286.7 million, while EBITDA increased 18.6% to $97 million, with a 33.8% EBITDA margin. “GCC is off to an excellent first half of the year, we are very pleased with the results delivered – increasing top and bottom-line growth and…
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