Cemex retains 9.5% of GCC
Cemex SAB de CV said that some of its underwriters did not exercise their over-allotment option to acquire shares in Mexico’s Grupo Cementos de Chihuahua SAB de CV. As a result...
Cemex
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Cemex will ‘gladly’ supply materials for Trump border wall
Cemex board Chairman, Rogelio Zambrano, has stated that Cemex would be happy to give estimates for the supply of cement to companies building the US-Mexico border wall, Reuters...
USA: Cemex Fairborn plant and terminal is sold to Eagle Materials
Cemex has announced that one of its subsidiaries in the US has closed the divestment of its Fairborn (OH) cement plant and cement terminal in Columbus (OH) to a subsidiary of E...
Cemex's consolidated 4Q16 and full year 2016 report
Cemex, SAB de CV announced that on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by four per cent du...
Trinidad Cement upgraded by ratings agencies
Ratings agencies Fitch and Standard and Poor’s have upgraded their evaluations of the credit-worthiness of Trinidad Cement Ltd (TCL), the Trinidad Express reports. Fitch mov...
Cemex sells concrete pipe business
Cemex has completed the sale of its reinforced concrete pipe business to Quikcrete Holdings. The transaction was carried out for around US$500m, including a potential additi...
Cemex rating upgraded by S&P Global Ratings
Cemex announced today that S&P Global Ratings (S&P) upgraded its corporate credit rating in its global scale to BB- from B+. According to S&P, the upgrade reflects the compan...
Cemex and GCC announce offering to sell 23% stake in GCC
Cemex, SAB de CV and Grupo Cementos de Chihuahua, SAB de CV (GCC) announced that they will commence offerings that are expected to include an aggregate of up to 76,483,332 shar...
Cemex's subsidiary announces successful takeover bid for TCL
Cemex SAB de CV has announced that its indirect subsidiary, Sierra Trading (Sierra), having received the Foreign Investment License from the Trinidad and Tobago Ministry of Fin...
Ensuring long-term growth
Grupo Cementos Chihuahua (GCC) is completing a key acquisition programme in the USA as it buys Cemex assets such as the Odessa cement works in Texas. ICR speaks with Ron Henley...