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CRH (CRH)

Stock (Cement Industry, Manufacturing Industry)

Analysts wary on CRH’s plan to acquire assets of Cemex CRH announced that it is in negotiations with Cemex to acquire certain substantial assets of Cemex. Analysts expect that this can lead to a significant increase in the company’s debt and leverage. Some integration risks are also involved in the acquisition. Further, Moody’s investor service is planning to review its rating and downgrade CRH. These negative indications led to a fall in the share price in early hours of trading.

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