The US Department of Justice (DOJ) has intervened in one of CRH’s acquisition deals, claiming it would substantially lessen competition in the state of Tennessee. CRH via subsidiary APAC-Tennessee is in the midst of a €115 million deal to buy Standard Construction Group in the state, however the DOJ and Tennessee’s attorney general filed a suit against CRH on Friday opposing the deal. Standard operates several hot-mix asphalt plants, which provides asphalt composite used on roads, carparks and airport runways. It is a major supplier to Tennessee’s Department of Transportation, which uses hot-mix asphalt for paving roads. In a bid…

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