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ENR > Finance > CEMEX Cements Rinker Buy-out with $15.3-billion Cash Offer - ENR | McGraw-Hill Construction
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| Mexican cement giant CEMEX S.A.B. de C.V., after five months of wrangling and mudslinging, has reached a tentative acquisition agreement with rival Sydney-based Rinker Group Ltd. for $15.3 billion. The hostile cash tender takeover creates one of the world’s largest construction material suppliers, with $23.2-billion in annual revenue and more than ...
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