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CRH in €170m Florida deal

CRH has acquired ready-mixed concrete businesses in Florida from cement giant Cemex in a deal worth US$250m (€170m, writes Richard Curran. The acquisition follows months of negotiations on the pos...
News - 03 December 2007

Cemex completes US$250mn divestment of US assets

Mexican cement company Cemex reported it has wrapped up the sale of its operations in the US states of Arizona and Florida to Ireland-based building materials group CRH, bringing in some US$250mn. ...
News - 03 December 2007

Cemex given extension for divesture of US assets

According to the US Department of Justice’s web-site, Cemex has being given a 21-day extension for it to divest of its 39 rmc, concrete block and aggregates facilities in Florida and Arizona, fol...
News - 23 November 2007

Rinker boosts Cemex volumes

For the first nine months 2007, which included Rinker for three months, Cemex has reported at 16.2% increase in turnover to US$15,595.3m.  Margins, however, deteriorated and the EBITDA was ahead b...
News - 29 October 2007

CRH link to pollution

A Cement Roadstone-owned brick factory is the "probable" cause of pollution on a Kilkenny farm afflicted by stunted cattle, dead trees and low milk yields, the European Parliament has charged. MEP...
News - 03 October 2007

Sub prime fears a growing concern for Cemex

Cemex, the world’s top building materials company by revenue and parent of Rugby Cement, yesterday forecast strong third-quarter revenues, but said sub prime worries had made the outlook for its m...
News - 19 September 2007

CRH’s McGowan lifts stake in firm

CRH today said its chairman Kieran McGowan bought 2,000 shares in the company at E26.58 per share, raising his stake in the company to 9,997 shares. In addition, non-executive directors Terence V....
News - 19 September 2007

Cemex shares fall as outlook For US outweighs asset sales

Shares of Mexican cement giant Cemex SAB (CX) fell Monday after the company’s guidance for its third-quarter performance confirmed weakness in its U.S. operations, although the planned sale of up ...
News - 18 September 2007

Cemex plans major asset sales to CRH

Cemex is hoping to raise between €2500m and €3200m from the disposals of cement and other building materials businesses in both the United States and in Europe, mainly to CRH, though some operatio...
News - 18 September 2007

CRH In Talks to buy up to $4.5B Of Cemex assets

Irish building materials group CRH PLC (CRH) said Monday it was in talks to buy up to $4.5 billion of assets from Mexican cement giant Cemex SA (CX). The assets include operations in Florida and...
News - 17 September 2007