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ENR > Finance > Cemex Buyout of Rinker Gains Shareholder Approval - ENR | McGraw-Hill Construction

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Cemex Buyout of Rinker Gains Shareholder Approval - ENR | McGraw-Hill Construction

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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)


Publication Date: 10-JUN-07
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Cemex’s bid to acquire Australian rival Rinker Group Ltd. gained 50.3% shareholder approval on June 7, creating the world's largest building materials supplier. The Mexican cement giant’s $14.25-bilion purchase of Rinker equals a purchase price of $15.85 per share. The deal raises Cemex’s annual revenue by 27% to $23.2-billion, with a ...
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Cemex Buyout of Rinker Gains Shareholder Approval - ENR | McGraw-Hill Construction

Publication Date: 10-JUN-07
Author:  Tony Illia
Price: $4.95
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Description
Cemex’s bid to acquire Australian rival Rinker Group Ltd. gained 50.3% shareholder approval on June 7, creating the world's largest building materials supplier. The Mexican cement giant’s $14.25-bilion purchase of Rinker equals a purchase price of $15.85 per share. The deal raises Cemex’s annual revenue by 27% to $23.2-billion, with a ...

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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR) Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)

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