Cemex and Eagle finalise sale
Published by Rebecca Bowden,
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 - CCS in the UK
Dr Diana Casey, Executive Director of the Mineral Products Association joins the World Cement Podcast to explore the role of CCS in decarbonising UK cement industry.
Tune in to the World Cement Podcast on your favourite podcast app today.