FRANKFURT/ LONDON, Jan 22- Irish cement maker CRH and a consortium led by Blackstone are battling for assets which Lafarge and Holcim must sell ahead of their planned merger, several people familiar with the matter said. France's Lafarge and Swiss peer Holcim announced merger plans last year, hoping to cut costs and tackle overcapacity and weak demand.» Read More
U.S. economic growth turns out to have been better in the third quarter than originally expected. But new home sales in October turned out to be a lot worse than expected. On Morning Call--CNBC’s Senior Economics Reporter Steve Liesman put the data in perspective.
Australian building materials maker Rinker Group formally rejected a $12 billion takeover bid by Mexico's Cemex on Wednesday as opportunistic, and said the company was worth nearly 40% more.