CRH likely to price accelerated bookbuild at 16.50 euros a share - sources
LONDON, Feb 2 (Reuters) - Irish building supply firm CRH is likely to price its accelerated bookbuild at 16.50 euros a share, after investors were told that orders below that sum risked missing out, two sources familiar with the matter said on Monday.
The figure values CRH (NYSE: CRH - news) 's sale of 74,039,915 shares at around 1.2 billion euros ($1.36 billion). CRH is raising capital to help fund its 6.5 billion-euro purchase of assets from cement firms Holcim (Other OTC: HCMLF - news) and Lafarge (Paris: FR0000120537 - news) .
($1 = 0.8818 Euros) (Reporting By Freya Berry, editing by Anjuli Davies)