Looking aheadI am looking at this as if we were 8 days into the future and CRH's owners have voted for the takeover by WELL.
If this had happened last week, then this buy would have been reported on top of similar acquisitions by CRH made 7 days ago and the topping up to full ownership of a previous majority purchase announced 3 days ago.
That would make 3 purchases in the last 7 days.
The most important of all of these activities is the buyout of CRH by WELL which will be voted on April 16th.
That is being shadowed by a host of M&A chasing lawyers from the Litigious States of America seeking to represent clients who think they could have done better. They follow M&A like the other group called Ambulance chasers monitor first responder dispatch callouts.
Though it was over and above what was necessary CRH submitted extra documentation and issued a press release to clear any suspicion as the potential litigators were making a lot of noise. It is like the nonsense here on these billboards. Many of the posts are nonsense so they CRH wanted to clear air before the vote.