Ennstone approach Ennstone, the materials group, has reportedly begun takeover talks with Marwyn Materials, a cash shell.
Last week Ennstone, which has debts of £200m, confirmed it had received an approach.

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Ennstone approach Ennstone, the materials group, has reportedly begun takeover talks with Marwyn Materials, a cash shell.
Last week Ennstone, which has debts of £200m, confirmed it had received an approach.
2009-01-28T08:34:00Z By Tom Bill and Tom Bill Tom Bill
Materials firm withdraws from stock market pending outcome of urgent debt talks at all three divisions
2009-01-05T10:18:00Z By Dan Stewart and Dan Stewart Dan Stewart
Materials firm makes changes at the top after a difficult few months
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Oliver North to lead cost and commercial management at PE-backed consultant
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Comments echo concerns raised by several housebuilders about impact of five month wait for scheme to start
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Firm says falling margins at industrial job and delays on bridge contract could mean expected profit is down by as much as half
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