Monday, April 16, 2007

UPDATE 1-CRH buys stakes in Turkey, U.S. firms

(Reuters) - CRH said it had acquired 50 percent of Denizli Cement in Turkey, and exercised an option to buy the remaining 50 percent stake in Paver Systems in Florida after it took an initial 50 percent in 2004.

"The two transactions announced today are important steps in the further development of our Europe Materials and Americas Products activities," CRH Chief Executive Liam O'Mahony said in a statement.


Read more at Reuters.com Mergers News

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