Skip to main content

Cemex and Eagle finalise sale

Published by
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

 WCT2020

WCT2020

WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »

 

 Spotlight

World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »

 
 
 

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


 

This article has been tagged under the following:

Cemex news US cement news