Gene Murtagh, chief executive of Kingspan: if purchase goes through, firm is likely to sell Recticel’s flexible foam business to an as-yet unnamed third party. Photograph: Cyril Byrne

The €700 million that insulation specialist Kingspan is prepared to pay for Belgian rival Recticel is ahead of the €660 million in cash and available (...)

CRH CEO Albert Manifold. ‘CRH has been substantially restructured by the CEO over the past five years,’ says Davy.  Photograph: Nick Bradshaw

CRH shares jumped on Wednesday after Europe’s biggest activist investor said it has built up a stake in the building materials giant, prompting specul(...)

CRH chief executive Albert Manifold in the Roadstone Cement Quarry in Dublin. The company’s share price has been battered in recent months. Photograph: Cyril Byrne

A day after Ireland’s largest plc published its latest quarterly update, Mary Rhinehart, who only joined the board last month, stumped up $27,340 for (...)

‘CRH’s trading update is largely as expected, with third-quarter trading impacted by wet US weather,’ said Davy analyst Robert Gardiner. Photograph: Brenda Fitzsimons

CRH forecast on Tuesday that earnings would reach an all-time high of €3.35 billion this year but analysts are likely to lower their estimates, as the(...)

CRH, led by chief executive Albert Manifold, had already bought back €350 million of shares.

CRH, the largest company on Ireland’s Iseq index, has started the second phase of its share buyback programme, authorising its broker UBS to repurchas(...)

The CRH offices on Fitzwilliam Square. Earlier this year, CRH sold its US distribution business, Allied Building Products, for $2.6 billion (€2.24 billion). Photograph: Brenda Fitzsimons

CRH shares rose on Wednesday after the building materials giant said it had sold its do-it-yourself (DIY) retail business in the Netherlands and Belgi(...)

The US plans to impose levies on steel and aluminium imports from the European Union, Canada and Mexico. Photograph: Lukas Schulze/Getty Images

The Iseq rose on Thursday, driven by CRH, and counting as a rare bright spot across Europe as the wider market was rattled by news that the US plans t(...)

CRH says  it plans to establish a new global building products division from January 1st, 2019

CRH has signalled it is prepared to sell its Europe distribution business, which could raise more than €2 billion, as the building materials giant set(...)

CRH issued $1.5 billion in debt in two parts on Tuesday. Photograph: Brenda Fitzsimons

Building materials group CRH redeemed its most expensive bond debt Tuesday as it issued two new US dollar bonds through its US unit, CRH America. Ir(...)

Davy expects CRH’s net profit to increase to €1.52 billion this year from €1.34 billion in 2017, though US tax reforms could boost the 2018 outcome by 5 per cent.

CRH’s net gain from the sale of its US distribution business may increase by €140 million as a result of Donald Trump’s sweeping tax reforms, accordin(...)

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