Cemex increases share offering

Cemex increases share offering
Published: 03 October 2005

Mexico’s cement maker Cementos Mexicanos (Cemex) posted an increase of 3,993,000 securities in the global secondary share offering it made, as demand was oversubscribed. 
 
Resources gained with the placement added US$1.5bn, of which US$1.3bn will be earmarked for paying future purchase contracts. 
 
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