(Reuters) - For Mexico's Cemex , which this week
became the world's biggest building materials company by
revenue, the success is more unlikely given its roots in a
developing country with limited access to funds for growth.
But since 1906, when its Hidalgo plant opened, Cemex has
defied skeptical investors and weathered Mexico's financial
crises to buy more than 20 companies in the past two decades.
The latest, Australia's Rinker for $15.3 billion
including debt, was the biggest takeover by a Mexican company.
Read more at Reuters.com Mergers News
became the world's biggest building materials company by
revenue, the success is more unlikely given its roots in a
developing country with limited access to funds for growth.
But since 1906, when its Hidalgo plant opened, Cemex has
defied skeptical investors and weathered Mexico's financial
crises to buy more than 20 companies in the past two decades.
The latest, Australia's Rinker for $15.3 billion
including debt, was the biggest takeover by a Mexican company.
Read more at Reuters.com Mergers News
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