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CEMEX Latam to sell stake in Brazilian cement terminal

 

Published by
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.

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