CRH to Boost Australian Business by Acquiring Adbri With Barro

CRH plc (CRH) , in partnership with the Barro Group, is set to acquire Adbri Ltd., through the Scheme of Arrangement, after receiving approval from Adbri's Independent Shareholders. In December 2023, CRH and Barro jointly announced the acquisition of Adbri. CRH had 4.6% interest and Barro had approximately 43% shares of Adbri. CRH had proposed to raise its stake in Adbri to 57%. Now, with the recent approval for the Scheme of Arrangement by the Court on Jun 14, 2024, CRH will acquire the remaining 57% of or ...