Published by
Jonathan Rowland,
Editor
World Cement,
CEMEX Latam Holdings, part of the Mexican multinational building material group, CEMEX, is to sell its stake in a cement distribution terminal in the Brazilian province of Amazonas to Votorantim Cementos. According to a local news report, total consideration for the deal will be US$30 million with the deal expected to close by the end of this year.
Read the article online at: https://www.worldcement.com/the-americas/31052018/cemex-latam-to-sell-stake-in-brazilian-cement-terminal/
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The company has announced its results for Q3CY21, recording operating EBIT growth of 4.9%.
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