Cement News tagged under: Ireland
Cemex Espana increases offer for Readymix, Ireland07 February 2012, Published under Cement NewsThe Spanish unit of Cemex has increased its takeover bid for Readymix of Ireland by 13.6 per cent from EUR0.22/share to EUR0.25/share, the target company said in a statement on Monday. Cemex, which already owns 60 per cent of the Irish business, made the “possible offer” to buy the remaining 40 per cent of Readymix shares that it does not own last month through a Spanish subsidiary. A statement yesterday added that the committee has told Cemex that it would recommend the offer to share... |
Quinn declared bankrupt by Dublin court, Ireland17 January 2012, Published under Cement NewsFormer Irish billionaire Sean Quinn has been made bankrupt in Dublin days after his bankruptcy in the UK was annulled by a Belfast court. Quinn’s ill-fated investment in Anglo Irish Bank just before the lender was nationalised in 2009, and the enormous debts he owes the bank, resulted in Quinn declaring himself bankrupt to a court in Belfast last November. In the UK a person declared bankrupt can discharge their debts after one year and then start a business anew but in Dublin this process ... |