tag:blogger.com,1999:blog-1905536529464344449.post2172869337330404951..comments2023-12-31T18:19:29.768+01:00Comments on The Confused Contrarian: A German billionairePablo Carpinterohttp://www.blogger.com/profile/08009844050731269823noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1905536529464344449.post-9537918330388004312009-01-06T19:31:00.000+01:002009-01-06T19:31:00.000+01:00From Bloomberg : "The billionaire Merckle family’s...From Bloomberg : <BR/><BR/>"The billionaire Merckle family’s HeidelbergCement AG dropped in Frankfurt trading after the suicide of Adolf Merckle increased the likelihood the company will be sold to creditors.<BR/><BR/>“It remains to be seen whether the shareholding goes to the banks or stays with the family, albeit the latter seems more difficult now,” said Tobias Woerner, an analyst at MF Global Securities, referring to HeidelbergCement. “The banks have been in the sector before, and may take it on and wait for a recovery. Given the high level of debt we may see a piecemeal breakup.”Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1905536529464344449.post-52953556254907581692009-01-06T19:26:00.000+01:002009-01-06T19:26:00.000+01:00Adolf Merckle has committed suicide on January 5 2...Adolf Merckle has committed suicide on January 5 2009.Anonymousnoreply@blogger.com