Linklaters and Ropes & Gray have taken the lead roles on buyout house Bain Capital’s £414m takeover of Irish building-materials company CRH’s UK clay and concrete businesses.

Closing in the first half of 2015, the deal involves a £295m cash payment to FTSE-100 constituent CRH, on top of which Bain will assume the debt and pension liabilities of the business.

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