abstract:The Rinker Group was an Australian-headquartered multinational building products company. Prior to its acquisition by Cemex, it was listed on both the Australian Securities Exchange and the New York Stock Exchange.
Cemex said the lower forecast included the impact of acquiring building materials company RinkerGroup, as well as the sale of some U.S. assets to its joint venture Ready Mix USA, as well as the confiscation of its Venezuelan assets as of Aug. 1.