Tuesday, June 19, 2007

Investor discloses large stake in Martin Marietta

(Reuters) - Sawiris is the third-wealthiest Egyptian man, with a net worth of about $3.9 billion, according to Forbes Magazine. Last month, Sawiris disclosed a 9.9 percent stake in cement producer Texas Industries Inc.




In early trading after the filing, Martin Marietta shares rose as much as 1.3 percent to an all-time high of $169.74. By late morning the stock was down 0.7 percent at $166.43 on the New York Stock Exchange.


Read more at Reuters.com Mergers News

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