takeover

Rinker Group Ltd. (RIN AU), Australia's biggest building materials maker, surged 83 cents, or 6 percent, to A$14.70 in the final minutes of trading, reversing an earlier loss of as much as 4.4 percent. The Wall Street Journal reported that Cemex SA (CEMEXCP MM), the world's third-largest cement producer, is ``lining up'' an acquisition of Rinker. Rinker spokeswoman Debra Stirling declined to comment on the report in a phone call with Bloomberg.