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CRH notes Ash Grove shareholder approval extension

06 October 2017 07:30

CRH has issued an update on its proposed acquisition of Ash Grove Cement Co.

CRH announced on 21 Sep that it had agreed to Ash Grove - a leading US cement manufacturer headquartered in Overland Park, Kansas - for US$3.5bn.

The proposed transaction remains subject to Ash Grove shareholder and regulatory approvals.

CRH said it noted an announcement by Ash Grove yesterday and in particular that the period for obtaining shareholder approval has been extended.

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