Cemex seen buying UK&#39;s RMC
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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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Xstrata Plc, the world&#39;s biggest exporter of coal for power plants, offered to buy WMC Resources Ltd. for A$7.4 billion ($5.5 billion) in cash to add nickel and copper mines as China&#39;s demand for metals grows.
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Mexico&#39;s Cemex plans to sell two cement plants in the United States to Brazil&#39;s Votorantim Cimentos for $400 million to ease its debt burden as it makes a major acquisition in Britain.
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By John Gittelsohn, The Orange County Register, Calif.  Dec. 6--Emulex Corp., a Costa Mesa maker of computer networking and  server connections, announced plans to buy back up to $150 million in stock  over the next two years.
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Cemex, the Mexican cement maker, gained a controlling stake in the Rinker Group of Australia, completing its largest acquisition and increasing its share of the United States market with the $14.2 billion deal. In a filing to the Australian stock exchange, Cemex said it had received acceptances from investors holding 50.34 percent of Rinker. The offer for all of Rinkerâs shares expires June 22. Cemex, based in Monterrey, Mexico, had to sweeten its six-month-old unsolicited offer by 22 percent in April to win management approval. Rinker, which is based in Sydney, receives about 80 percent of sales from the United States, where Cemex is already the largest cement company.
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An investment group is expected to  announce Monday that it has struck a deal to buy British water  utility AWG PLC  for about $4.12 billion (2.2 billion  pounds, a source familiar with the situation told Reuters on  Sunday.
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LONDON Santander Central Hispano of Spain looked certain to clinch its bid for the British mortgage lender Abbey National, after HBOS, Britain&#39;s biggest home-loan company, said Wednesday it would not counterbid, and after the European Commission cleared
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U.S. group Applied Materials  , Switzerland's Unaxis  and investor Texas  Pacific Group are interested in parts of BOC Edwards, a unit of  British industrial gases firm BOC , a newspaper reported  on Monday.
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MONTERREY, Mexico -- Mexican cement company Cemex SA said Monday it has signed a letter of intent to sell two UScement plants to Brazil&#39;s Grupo Votorantim for $400 million.
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NYSE Euronext  and Australia&#39;s  ASX Ltd  may be interested in buying some or part of  Nasdaq Stock Market Inc&#39;s  stake in London Stock  Exchange Plc , a person familiar with the matter said on  Monday.
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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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When Mexican cement maker Cemex (CX.N: Quote, Profile, Research) (CEMEXCPO.MX: Quote, Profile, Research) agreed this week to pay $4.
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CONCRETE maker RMC is set to be bought by Mexican rival Cemex in a deal valuing it about Â£2.3bn. Directors from both companies have approved the purchase of the world&#39;s biggest maker of ready-mixed cement.
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Mexican cement giant Cemex SA is buying British-based RMC Group PLC, the world&#39;s biggest supplier of ready mixed concrete, in a deal worth some 2.3 billion pounds (US$4.
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Univision issues a warning, and the stock responds. Is it time to buy?
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On Monday, Mexican cement tycoon and Motley Fool Stocks 2003 pick Cemex (NYSE: CX) dropped a 70-lb. bag of quick-set on the market: It has agreed to pay $4.
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NEW YORK/PARIS  - The New York Mercantile Exchange (NYMEX), the world'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.