(Reuters) - Perpetual, which holds around 10.5 percent of Rinker shares -- enough to block the offer before the conditions were changed -- said on Monday it planned to accept the amended offer "as soon as practicable."
Cemex, the world's No. 3 cement maker, extended its bid for a fifth time to June 8 and said it would waive a 90 percent acceptance condition if it held more than 50 percent of the Australian building materials maker by that date.
Read more at Reuters.com Mergers News
No comments:
Post a Comment