CRH plc, the international building materials group, announces that it has agreed, together with Pavestone Group LP, to withdraw the Hart-Scott-Rodino (HSR) filing for CRH’s proposed acquisition of Pavestone. These actions have been taken following the recent decision by The United States Federal Trade Commission (FTC) to authorise FTC staff to challenge the proposed acquisition. CRH and Pavestone regret that as a result the transaction will not now proceed.
CRH plc, the international building materials group, announces that it has agreed, together with Pavestone Group LP, to withdraw the Hart-Scott-Rodino (HSR) filing for CRH’s proposed acquisition of Pavestone. These actions have been taken following the recent decision by The United States Federal Trade Commission (FTC) to authorise FTC staff to challenge the proposed acquisition. CRH and Pavestone regret that as a result the transaction will not now proceed.