Cemex to Buy Britain's RMC Group
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Mexico's cement giant Cemex is purchasing Britain's RMC Group in a $5 billion deal due to be announced on Monday.
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Mexican cement company Cemex said on  Monday it had spent about 432 million pounds ($780 million)  buying an 18.8 percent stake in RMC Group RMC.L as part of  its planned takeover of its British rival.
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LONDON (CBS.MW) -- Mexico&#39;s Cemex has agreed to buy Britain&#39;s RMC Group for $4.1 billion in cash. Free! Sign up here to receive our Before the Bell e-Newsletter!
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Cendant Corp., which owns Days Inn hotels and Avis Rent A Car Systems Inc., agreed to buy the UK&#39;s Gullivers Travel Associates and Octopus Travel Group Ltd.
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The European Union Commission on Thursday cleared Mexico's Cemex SA De CV's acquisition of RMC Group PLC.
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Nexen Inc. (NXY.TO: Quote, Profile, Research) , Canada&#39;s fourth largest oil explorer, said on Friday it would buy a UK-based subsidiary of EnCana Corp.
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Mexico&#39;s Cemex has helped RMC Group&#39;s shareholders to salsa their way out of debt that weighed like concrete boots. Photo: Rick Stevens.
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Mexican group Cemex is reportedly set to make a $4bn takeover bid for RMC, the UK firm that is the world's biggest supplier of ready-mixed concrete.
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Premier Foods PLC said Monday it will buy RHM PLC for 1.23 billion pounds in cash and shares to create Britain's biggest food producer.Comment
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Troubled engineering and construction group Jarvis has bought itself a financial life-line by selling its 33% stake in the Tubes Lines underground consortium to Amey, part of Spanish construction group Ferrovial, for Â£150m.
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ARM Holdings, the British semi-conductor design company, said it has agreed to buy US technology group Artisan Components Inc. for 913 million dollars (743 million euros) in a cash and stock deal.
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UK BUILDING materials firm and world market leader RMC has agreed to a Â£2.3 billion takeover bid from the worldâs third largest concrete-maker, Cemex of Mexico.
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The Royal Bank of Scotland agreed Monday to buy a majority share of US broker Sempra Commodities for 1.35 billion dollars (991 million euros) as part of a joint venture with parent company Sempra Energy.
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Mexican cement company Cemex SA said Monday it has signed a letter of intent to sell two U.S.cement plants to Brazil's Grupo Votorantim for $400 million.
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THE creation of the worldâs biggest building materials company is on course after Britainâs RMC group agreed to be bought by Mexican rival Cemex, currently the third-biggest cement maker worldwide, for Â£2.
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Mexico&#39;s Cemex has agreed to buy building materials firm RMC Group for 2.3 billion pounds, doubling the revenues of the world&#39;s No.
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The Mexican government said it would sell its controlling stake in AeromÃ©xico to an investor group that includes Banamex, the Mexican subsidiary of Citigroup.