Cemex has announced that one of its subsidiaries in the US has signed a definitive agreement to divest its US Reinforced Concrete Pipe Manufacturing Business to Quikrete Holding Inc.
This will be for approximately US$500 million plus an additional US$40 million purchase price contingent on future performance.
The closing of this transaction is subject to the satisfaction of certain conditions, including approval from regulators. The sale is expected to be finalised during 1Q17.
Read the article online at: https://www.worldcement.com/the-americas/29112016/cemex-announces-divestment/
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Cementos Pacasmayo S.A.A. and subsidiaries, a cement company serving the Peruvian construction industry, has announced its consolidated results for the third quarter and the nine months ended 30 September 2021.
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