George Soros buys into CRH ahead of US stock market move for Irish building giant
Billionaire investors George Soros and Seth Klarman are building positions in Irish building materials company CRH before it shifts its primary listing to a US exchange from across the pond, a signal that efforts to tap into a larger pool of investors is working out.
Soros Fund Management held 350,000 American depository receipts (ADRs), worth roughly $20m (€18.3m) in CRH at the end of June, while Klarman's Baupost Group held a nearly 57,000 stake worth $3.15m, according to regulatory filings compiled by Bloomberg.
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