Breedon Group to buy UK assets of CEMEX for 178 million pounds
Share:
(Reuters) - British construction materials firm Breedon Group Plc said it would buy certain UK assets and operations from Mexico's CEMEX SAB de CV for 178 million pounds ($233.79 million), strengthening its position in Britain and Ireland. Breedon said on Wednesday it expects the acquisition to be accretive to underlying earnings per share in the first full year following completion.