UK cement industry can hold weight of RMC deal

Article Abstract:

RMC Group has emphasized that its purchase of cement manufacturer Rugby Group for around 920 million pounds sterling is part of its strategy of consolidating its position as one of the top heavy building materials concerns internationally. This deal will have significant repercussions, as it is the first time in the UK that a leading ready-mixed concrete supplier has linked with a top supplier of cement, its most expensive ingredient. RMC believes that the deal will almost certainly be approved without changes by competition officials, partly because existing customer relationships will remain.

Cement, Cement Manufacturing, Concrete Products NEC, Other Concrete Product Manufacturing, Building materials industry, Cement industry, RMC Group (New York, New York), Concrete products, Rugby Group PLC

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Dixon cries 'mea culpa' as he pulls Regus back at the last fence

Article Abstract:

Regus Business Centres founder Mark Dixon admits that it was very difficult to decide not to go ahead with the planned flotation of the business. He believes that he made a mistake in attempting a flotation at this stage, and now plans to allow the company to fully demonstrate the validity of its business model through the performance of its new ventures. He states that he has opted to fund an employee share-option scheme in anticipation of a future float.

Commercial and Institutional Building Construction, Executive changes & profiles, Office Buildings, Officials and employees, Interview, Office construction, Facility management industry, Facilities management services, Dixon, Mark, Regus PLC

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Wal-Mart roll-back hits high street

Article Abstract:

The purchase of Asda, the UK's third-largest supermarket chain, by Wal-Mart, the largest retailer in the world, has sparked off fierce competition among the UK's leading supermarket chains. Asda has implemented a wide range of price cuts, and other supermarkets are now following this trend. Asda reports that reducing prices is boosting sales, as its stores are attracting more customers.

Foreign operations, Supermarkets and Other Grocery (except Convenience) Stores, Supermarkets, Supermarket Chains, All Other Specialty Food Stores, Discount Stores, Prices and rates, ASDA, Wal-Mart Stores Inc.

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