Thursday, June 7, 2007

Cemex stake in Rinker rises, bid unconditional

(Reuters) - Shares held under an institutional acceptance facility
, which allows institutions to withdraw their acceptances,
dipped to 15.23 percent from 15.41 percent, giving a total
interest of 52.65, up from 49.51 percent.




Cemex, the world's No. 3 cement maker, said late on
Thursday that the right to withdraw acceptances under the IAF
facility has now been terminated. It declared the bid
unconditional after gaining more than 50 percent of shareholder
acceptances.


Read more at Reuters.com Mergers News

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