October 2004
Investment Dealers' Digest;10/11/2004, Vol. 70 Issue 39, p30
Trade Publication
The article presents a statistical report of performance of companies globally. Mexico's Cemex, the world's third largest cement maker, has agreed to buy Great Britain's RMC Group for $4.15 billion in move that will shore up Cemex's position in the U.S. and open a new front in Eastern Europe in the same time. The acquisition, expected to the completed by year end, would double Cemex's revenue and make it the world's largest producer of cement. Despite rising interest rates and talk of a housing bubble, stocks of construction companies in Eastern Europe have risen 11.7% in Dow Jones Stoxx's Construction share index..


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