Winning Bid Picked for Stake in AeromÃ©xico
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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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The Chinese mining group Chinalco said that it had teamed up with the American aluminum producer Alcoa to buy a 12 percent stake in Rio Tinto.
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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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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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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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Global miner Rio Tinto was near a deal  to buy Canadian aluminum giant Alcan Inc. for about $100 per  share, or $37 billion, The Wall Street Journal Online reported  on Thursday.
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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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The buyout for the ice manufacturer is on the rocks.
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ONE of the UK&#39;s biggest industrial companies is set for Mexican ownership after agreeing to a Â£2.3bn takeover offer. Directors of Egham-based RMC - the world&#39;s largest ready-mixed concrete producer - have
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The takeover of Abbey has cleared a major hurdle after shareholders in Spain&#39;s largest bank voted to approve the deal. At a meeting in Spain, Santander Central Hispano (SCH) investors backed all resolutions
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The company has earned its nosebleed valuation.
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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 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 Alcan Inc. rose after reports of possible takeover offers from Norsk Hydro ASA and Rio Tinto Group raised expectations of a bidding war with Alcoa Inc. for the Canadian aluminum producer.
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The Hungarian authorities invite investors to bid for a 99% stake in the indebted national carrier.
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Rio Tintoâs recent offer of $38.1 billion for Alcan may be a sign that aluminum is no longer an estranged cousin in the mining industry.
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RMC Group, the world&#39;s largest maker of ready-mixed concrete, today accepted a Â£2.3bn takeover bid from Mexico&#39;s Cemex, the world&#39;s third-largest cement maker.