Bid raised by more than 13 percent.
{reg}Cemex recently increased its bid for Readymix, a report from Ireland said.
According to the report, Cemex has raised the 9.5 million euro bid by over 13 percent.
Previously, Cemex offered to purchase the remaining shares of Readymix that it did not own last month, the report said. The offer as initially for the 22 percent share of the remaining 40 percent of the company; however, that offer was raised to 25 percent.
Currently, Cemex is one of largest producers of building materials in the world. The company is based in Mexico.
Concrete & Brick
