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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Post by ragloon Mar 19, 2021 1:12pm
207 Views
Post# 32838751

could we see a better offer?

could we see a better offer?From Td analyst:  If WELL is successful in acquiring CRH, we project that WELL's cashbalance will fall to ~$40mm; however, it would gain access to CRH's significant FCFgeneration that would help replenish its capital to fund its active M&A program.Key catalysts ahead. We believe that there are a few key catalysts in the comingquarters that could help the stock outperform:1. Closing the highly accretive acquisition of CRH, which could happen within thenext month or two.2. Potential addition to the S&P/TSX Composite Index. WELL just missed inclusion this month, but should it close the CRH acquisition in the next monthor two, we believe that it will make the cut in June.3. WELL is working on a U.S. IPO later this year.
SO  according to TD an IF!  and last few days the discount to the offer is getting smaller, so the sellers are not in a hurry to cash in anymore, could we see CRH trading at a premium to the $4 offer soon?
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