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ENR > Finance > CEMEX Faces Antitrust Order in Hostile Takeover of Rinker- ENR | McGraw-Hill Construction

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CEMEX Faces Antitrust Order in Hostile Takeover of Rinker- ENR | McGraw-Hill Construction

Publication Date: 18-APR-07
Author:  ENR Staff
Price: $4.95
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Description
After five months of tough mudslinging, Mexican cement giant CEMEX has reached a tentative agreement to buy Sydney, Austrialia-based rival Rinker Group for $15.3 billion in cash. But it may have to sell $500 million of U.S. properties to comply with federal antitrust laws.

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