RIN rinker group limited

1102 [Dow Jones] Rinker Group (RIN.AU), hits new record A$13.69...

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    1102 [Dow Jones] Rinker Group (RIN.AU), hits new record A$13.69 up 39 cents or
    2.9%, last at A$13.64; broker says talk RIN the target of smaller U.S. cement
    producer is helping drive stock, "but I think it's more likely a large European
    player might come in" with RIN valued at around 20% discount to U.S. peers.
    Widespread global consolidation in industry over last 12 months all focused on
    gaining exposure to construction boom in U.S. or Eastern Europe, with RIN assets
    in Florida attractive, but lack of concrete evidence of suitors would see price
    erosion. (WEL)
 
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