MergerAug 5, 2026, 04:32 PM
Arcosa to be Acquired by CRH for $150.00 Per Share in Cash
AI Summary
Arcosa, Inc. announced a definitive Merger Agreement to be acquired by CRH Americas, Inc. for $150.00 per share in cash, with the transaction expected to close in Q1 2027. This follows the successful divestment of its barge business for $450 million, which generated a substantial pre-tax gain of $359.7 million. For Q2 2026, the company reported a significant increase in Net Income to $328.5 million and Total Basic EPS of $6.68, largely driven by the gain from discontinued operations, while revenues from continuing operations also saw a modest increase.
Key Highlights
- Arcosa entered a Merger Agreement to be acquired by CRH Americas, Inc. for $150.00 per share in cash.
- The merger is expected to close in the first quarter of 2027, subject to customary closing conditions.
- Completed the sale of its barge business for $450 million, resulting in a $359.7 million pre-tax gain.
- Q2 2026 Net Income surged to $328.5 million, significantly up from $59.7 million in Q2 2025.
- Total Basic EPS for Q2 2026 was $6.68, compared to $1.22 in the prior year period.
- Q2 2026 Revenues increased to $658.7 million from $647.5 million in Q2 2025.
- Year-to-date 2026 Net Income reached $366.3 million, up from $83.3 million in 2025.
- Repurchased 159,595 shares for $17.5 million during the six months ended June 30, 2026.
Price Impact
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