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BUZZ-CRH: global expansion

** Irish building supplies co CRH (NYSE: CRH - news) jumps 6 pct, heading for biggest 1-day pct gain in around a yr on acquisition of Lafarge (Paris: FR0000120537 - news) & Holcim assets for $7.4 bln

** Pair needed to sell assets in order to secure regulatory approval for their planned merger

** CRH beat consortium led by Blackstone (NYSE: BX - news)

** CRH sees deal, which will double its EM exposure, as 25 pct accretive to underlying earnings

** Co to fund deal with cash, new debt & equity placing

** To Liberum - which repeats its "hold" rating on CRH - price appears reasonable but says it is not without risk; notes though it will divert attention from slow recovery in Europe

** Most actively traded stock on FTSE 100, with 1.5 times 90-day daily avg volume having gone through (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)