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
Alpacem awarded Silver CSC Certification
Alpacem achieves Silver Certification from CSC, recognising sustainable practices across seven production sites
