Ireland's CRH in talks to acquire Cemex assets: price for operations in Europe and U.S. may hit $4.5 billion

Article Abstract:

Irish mining and building materials firm CRH PLC is negotiating the purchase of up to $4.5 bil in assets from Mexico's cement company Cemex S.A. de C.V. The assets would include Cemex's aggregates and concrete pipe businesses, along with Arizona and Florida operations that Cemex has been required to divest after it acquired Rinker Group Ltd.

Mining & Extractive Industries, Mining, All Other Metal Ore Mining, METAL MINING, Ferroalloy Ores, Chemical & Fertilizer Minerals, Other Nonmetallic Mineral Mining and Quarrying, Mining industry, Ireland, Mineral industry, CRH PLC

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Rinker is to reject Cemex bid: suitor likely needs to raise current offer up from $11.7 billion

Article Abstract:

Australian building materials company Rinker Group Ltd. is rejecting Mexican construction company Cemex S.A. de C.V.'s unsolicited takeover bid of $11.7 billion as too low. Such a takeover would make Cemex the largest cement aggregates producer, and would expand its operations in the United States.

STONE, CLAY, AND GLASS PRODUCTS, Building materials industry, Rinker Group Ltd., RIN

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Valad will raise $1 billion to buy property group

Article Abstract:

Australian company Valad Property Group will raise $1 bil using nonrenounceable entitlement offers involving retail and institutional investors to purchase the UK's Scarborough Property Group. The move will boost Valad's expansion into European markets.

Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, United Kingdom, Real estate industry, Valad Property Group, Scarborough Property Co.

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