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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U.S. conglomerate General Electric Co.  has agreed to buy British maker of oilfield services equipment Sondex Plc  for 288.7 million pounds ($583.1 million) in cash, the two companies said on Monday.
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Chinese aluminium giant Chinalco said Friday it and US peer Alcoa have bought a 12-percent stake in Anglo-Australian miner Rio Tinto, setting up a possible takeover tussle with rival BHP Billiton.
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RMC, the world&#39;s biggest supplier of ready-mixed concrete, has agreed a Â£2.3bn takeover deal from Cemex of Mexico, raising fears of job cuts and quarry closures.
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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.
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ARM Holdings, the UK microchip designer, has agreed to buy American technology firm Artisan Components in a cash and shares deal worth Â£500 million, although some analysts fear it may have dug too deep.
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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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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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Mexico&#39;s Cemex, one of the world&#39;s largest makers of concrete will pay $4.1 billion for British rival RMC Group, the Wall Street Journal reported Monday.
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British semiconductor designer ARM Holdings said Monday it has agreed to buy US technology firm Artisan Components for $913 million in cash and stock to boost its product range and reach more customers.
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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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Nexen Inc. has agreed to buy a UK-based subsidiary of EnCana Corp. in an all-cash deal worth $2.1 billion, enabling Canada&#39;s fourth largest oil explorer to expand into the UK sector of the North Sea.
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Mexican Cemex, being the third largest cement maker in the world, agreed to buy its British competitor - RMC Group - for $5.8 billion, as well as their debts in order to expand their activity on the building materials market of the USA and Europe.
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British semiconductor designer ARM Holdings PLC said Monday it has agreed to buy U.S. technology firm Artisan Components Inc. for &#36;913 million in cash and stock to boost its product range and reach more customers.
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Anglo-Australian mining giant BHP Billiton say it has made an offer to buy its rival Rio Tinto.
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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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Mexican cement company Cemex said on Monday it had spent about 432 million pounds (&#36;780 million) buying an 18.8 percent stake in RMC Group  as part of its planned takeover of its British rival.