Readymix gets takeover offer from Cemex
Published 19/01/2012 | 10:58
CONCRETE products group Readymix has received an approach about a possible takeover offer from Readymix Investments- a subsidiary of Cemex Espana.
The offer amouonts to 22c per share in cash for the shares not already owned by the Cemex Group.
Mexico-based Cemex already owns 60pc of Readymix.
The approach is a preliminary one and may or may not lead to an offer.