Skip to main content

Cemex and Eagle finalise sale

Published by , Assistant Editor
World Cement,


One of Cemex’s subsidiaries in the US has closed the divestment of its Fairborn, Ohio, cement plant and cement terminal in Columbus, Ohio, to a subsidiary of Eagle Materials, Inc. for approximately US$400 million.

The proceeds will be used predominantly for debt reduction and general corporate purposes.

The Bank of America Merrill Lynch acted as financial advisor to Cemex in this transaction.

Read the article online at: https://www.worldcement.com/the-americas/13022017/cemex-and-eagle-finalise-sale/

You might also like

The World Cement Podcast - CleanTech & Venture Capital

Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.

Tune in to the World Cement Podcast on your favourite podcast app today.

Apple Podcasts  Spotify Podcasts  YouTube

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Cemex news US cement news