KM Financial Solutions | UPDATE 1-CRH to sell European distribution arm to Blackstone in $1.9 bln deal
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UPDATE 1-CRH to sell European distribution arm to Blackstone in $1.9 bln deal

UPDATE 1-CRH to sell European distribution arm to Blackstone in $1.9 bln deal

Irish building materials supplier CRH
Plc said on Tuesday it has agreed to sell its
European distribution arm to private equity funds managed by
Blackstone Group Inc for an enterprise value of about
1.64 billion euros ($1.85 billion).

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