BORAL has declined to comment on whether it could become a takeover target in the coming months. The construction materials company (bld.ASX:Quote,News) has been rumoured to be in the sights of Mexico’s Cemex, but last October, in response to an Australian stock exchange query, it said it had no knowledge of a rumoured bid.

Asked about the speculation at a briefing in Sydney today on the company’s interim results, Boral chief executive Rod Pearse said, “We made a comment in around September when there was some speculation linking us to Cemex and we indicated that there was nothing in that that we were aware of, and we’ve made no comment since and I think that’s where I’ll leave it'’.

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