Cemex amortises US$353m debt
Mexican cement maker Cemex has amortised a US$352.95m debt that was due to expire in 2022, as part of its refinancing strategy to lower costs, reports Reuters. Cemex, which ...
Cemex
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IFC grants Cemex EUR106m "green" loan
The International Finance Corp (IFC) has granted Cemex a loan of EUR106m to support the company’s sustainable development investment in emerging markets. After a thorough as...
Puerto Rico: Cemex agrees penalties for MSHA safety violations
The US Department of Labor’s Mine Safety and Health Administration announced that Cemex de Puerto Rico has agreed to pay US$291,722 in penalties and implement enhanced safety m...
Cemex
Cemex is to float a 45 per cent minority in Cemex Holdings Philippines on the Philippine Stock Exchange during July. The group is expecting to raise around US$507m. The procee...
Deadline day reached for Lafarge India bids
Today (4 July) sees the passing of the deadline by which bidders must submit binding offers for Lafarge India's assets. According to press sources, five companies – three domes...
Cemex IPO values Philippines subsidiary at US$536m
Cemex has today announced that it will price shares in its subsidiary, Cemex Holding Philippines, at PHP10.75 (US$0.23), valuing the operation at around US$536m. Reuters New...
Cemex stock falls over Brexit fears
Cemex saw a further day of losses at the Mexican Stock Exchange (BMV). Since Friday, its shares have fallen 14.74 per cent following the announcement of the UK’s departure from...
Cemex celebrates Panama Canal expansion inauguration
As the Panama Canal expansion was successfully inaugurated on Sunday, Cemex celebrated along with other suppliers and local dignitaries. The company supplied close to 1Mt of s...
Philippines: Cemex Holdings Philippines IPO will raise US$526m
Cemex Holdings Philippines (CHP), a subsidiary of Cemex, will on Tuesday launch an initial public offering to raise up to US$526m, reports Reuters. The offering would mark th...
Market analysts upgrade outlook for Cemex shares
Cemex SAB de CV was upgraded by analysts at Scotiabank from a "sector perform" rating to an "outperform" rating in a note issued to investors on Thursday, The Fly reports. How...