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Tarmac sale taken off table

The sale of Tarmac has been put on hold and may not now go ahead after US parent company Anglo American performed an about face earlier this week.
The mining company announced that the sale would not be going ahead as planned because of the credit crunch and current economic conditions saying they had “decided not to launch the marketing phase of the sale process until current credit conditions improve.”

Keep an eye on BuildersMerchantsJournal.net for more news as it becomes available.

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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