Rinker Group RIN
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CRH Set to Acquire Cemex Facilities
Subsequent to the Cemex CX acquisition of Rinker Group , the Mexico-based company has been obligated by the ..... in order for Cemex to continue with its assumption of Rinker 's assets. Although business in Florida and Arizona …
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Cemex to Acquire All Rinker Shares
Cemex CX announced July 10 that 90% of Rinker Group RIN shares have now been tendered. Under Australian law, Cemex now has the right to acquire the balance of the target's shares …
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Cemex Gains Control of Rinker
On Thursday, Cemex CX announced that just over 50% of Rinker 's RIN shareholders have tendered their shares and that its offer is now unconditional. Remaining shareholders have until June 22 to …
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Vulcan Reports 1Q
… environment with cost control efforts and how the market shapes up as four key industry players likely become two (including Cemex's CX proposed acquisition of Rinker RIN ) in the upcoming year. We are maintaining our fair value estimate.
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Cemex Raises Offer for Rinker
… authorities, Cemex CX announced that it has raised its offer for Rinker RIN by 22% to $15.85 per ordinary share, or $79.25 per ..... reduce our fair value estimate for Cemex due to the fact that Rinker shareholders are now capturing more of the benefits from the …
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Rinker Receives Raised Offer
… approval from U.S. authorities to acquire Rinker RIN , Cemex CX raised its offer price for Rinker 's ordinary shares to $15.85, which equates ..... ADR. We are raising our fair value for Rinker 's ADRs to reflect this figure, as the transaction …
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Our Outlook for the Industrials Sector
… Banking on the fact that consolidation would be beneficial over the long run, Cemex recently made an opportunistic bid for Rinker RIN after that firm's key end markets came under severe pressure from the housing downturn. Given management's impressive …
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Raising Vulcan's Fair Value
… reassessing our industrywide pricing assumptions rather than the deal itself. If this acquisition and Cemex's CX bid for Rinker RIN both move forward, we expect already-robust industry pricing trends to be reinforced. It is more and more clear with each …
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Vulcan to Acquire Florida Rock
… will almost certainly enjoy substantial population growth over time. Also, if this combination and Cemex's CX bid for Rinker RIN go through, the Florida market will become much more concentrated, which should help the associated firms to better navigate …
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Rinker's Momentum Slowing
Despite slowing momentum, Rinker Group RIN managed to post solid gains in its ..... residential construction markets in Rinker 's key U.S. states and lower ..... that constitutes roughly half of Rinker 's U.S. sales. In fact, we …