Concrete products group Readymix has said it is in talks which could lead to a takeover offer being made for the company. A statement said the talks followed approaches received from third parties.
Readymix said the discussions were at an early stage and there could be no certainty that they would lead to an offer.
In August, the group reported a pre-tax loss of €6.6m for the first six months of the year. It also said 'exceptionally challenging' trading conditions had worsened this year.
Readymix shares jumped 41% to close at 24 cent this evening in Dublin.
