Mexican firm bids Â£2.3bn for RMC
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Mexican group Cemex makes a Â£2.3bn ($4.1bn) offer for UK-based RMC, the world's biggest supplier of ready-mixed concrete.
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Mexican state oil monopoly Petroleos Mexicanos has chosen potential private partners for a US$2.7 billion (euro2.15 billion) project to boost its faltering petrochemicals business.
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Holcim, the world's number two cement maker has made a friendly, 1.8 billion-pound (3.4 billion-dollar, 2.6 billion-euro) takeover bid for British counterpart Aggregate Industries, the firms said.
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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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Shares of Mexico&#39;s Cemex slumped on Monday after the world&#39;s No. 3 cement maker agreed to buy Britain&#39;s RMC Group in the largest ever acquisition by a Mexican firm.
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Spain&#39;s Banco Santander Central Hispano is expected to announce today that it will cut up to 3,000 jobs at Abbey National if it succeeds with its agreed bid for the UK bank, the Financial Times reported.
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UK firm RMC, the world&#39;s biggest maker of ready-mixed concrete, is reportedly to get a takeover bid worth at least $4bn (Â£2.2bn) from Mexican group Cemex.
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British utility firm AWG said it had agreed a consortium takeover worth 2.213 billion pounds (3.272 billion euros, 4.145 billion dollars) -- but has also received approaches from other bidders.
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Mexico&#39;s far-flung cement giant Cemex is nearing a deal to buy the RMC Group of Britain for $4 billion, two people close to the negotiations said Sunday evening.
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This contract manufacturer is flexing its muscles.
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Mexico&#39;s Cemex, the world&#39;s third-largest cement maker, is set to buy Britain&#39;s RMC Group in a $5 billion deal to be announced Monday, a source familiar with the matter told Reuters.
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Lorenzo Zambrano gained a reputation as a savvy deal-maker as he led Mexico&#39;s Cemex on a spending spree that turned it into the world&#39;s third largest cement maker with 15 acquisitions in a dozen years.
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Mexico's No. 2 broadcaster TV Azteca said on Wednesday it will pay out &#36;210 million in cash to shareholders, sending its stock price soaring to a four-year high.
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Scottish Power gives its backing to a Â£11.6bn takeover offer from Spanish energy company Iberdrola.
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SABMiller, the worldâs third biggest brewer, poured out a strong interim trading performance yesterday - as it also said it had a potential warchest of up to $2 billion (Â£1.08bn) if a major acquisition opportunity occurred.
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Warner Chilcott Plc, Northern Ireland&#39;s largest drugmaker, said it&#39;s talking with an unidentified bidder that has offered about 1.56 billion pounds ($2.
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The New York Mercantile Exchange  (NYMEX), the world&#39;s largest energy market, is exploring a sale  for about $14.3 billion, a news agency reported on Friday, as  exchanges worldwide hustle for the best merger partners.