实时全球研报
JPM | US Special Situations Daily: June 22, 2026
研报英文原文证据摘录
JPM | US Special Situations Daily: June 22, 2026
Neetu Jhamb - Specialist Sales - US Special Situations AC (1-212) 272-5971 North America Specialist Sales 22 June 2026
neetu.jhamb@jpmorgan.com JPM | US Special Situations Daily: J P M O R G A N
J.P. Morgan Securities LLC CRH nears deal to acquire Arcosa,
AbbVie to Acquire Apogee
Therapeutics, CWAN June 24th last
trading day, GTLS/BKR submit EC
remedies, maintain July closing
• Reinforces CRH’s position as the #1 infrastructure player in North America.
• Advances CRH’s strategy to build an aggregates-led, connected portfolio.
• Increases exposure to high-growth U.S. MSAs and critical infrastructure markets.
• Highly complementary businesses, expanding CRH’s offering and addressable market.
• Accretive to CRH’s earnings, margin, and cash flow within 12 months post-completion.
• Aligned with CRH’s disciplined capital deployment and 2030 financial targets.
• Maintains strong investment grade credit rating (pro forma FY 2026E Net Debt / Adjusted EBITDA of 2.4x).
• MERGER AGREEMENT SUMMARY:
• Filing dates: Prelim proxy within 25 business days (July 24, 2026). HSR within 10 business days (July 3, 2026). Any
other required filings shall be made promptly.
• Limitation on divestitures provision: provided, however, that nothing in this Agreement shall require Parent to agree or
commit to any Regulatory Remedial Action (x) that is not conditioned on the consummation of the Merger or (y) if
such action would require the divestiture or holding separate (or any other Regulatory Remedial Action) of or with
respect to assets, businesses, or product lines of Parent, the Company or their respective Subsidiaries, or any
combination thereof representing, in the aggregate, an amount in excess of the amount set forth, with respect to each
本摘录由系统从所标注的 PDF 证据页直接提取并保留英文原文,不做批量翻译;登录后在阅读器切换中文时才按需翻译。
打开研报阅读器