Monday, Nov 17, 2008
battered by wrong-way bets on Volkswagen AG shares and plunging stock markets
bloomberg: HeidelbergCement Drops on Concern Merckle Must Sell
A failure could have repercussions for Merckle's holdings, which span as many as 30 companies in the cement, machinery and pharmaceutical industries, said the people. VEM holds about 25 percent of the Heidelberg-based company, and, including holdings by affiliated companies, Merckle controls at least 86 percent in total, according to Bloomberg data.
Posted by mark @ 10:11 AM (196 views) Add Comment
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