Divestment

157 posts · Page 11 of 16

Votorantim

The Votorantim Cimentos has announced its intention to sell its 50 per cent interest in the northen Florida cement company, Suwannee American Cement LLC.

Cemex sells remaining direct GCC interest

Cemex sells remaining direct GCC interest

Cemex annnounced it has sold 31,483,332 shares of common stock (the "Shares") of Grupo Cementos de Chihuahua, SAB de CV (GCC), which represents approximately 9.47 per cent of th...

Votorantim

Votorantim generated a 1H17 turnover four per cent lower at BRL12,757m (EUR3434m), with domestic deliveries declining by 13.6 per cent. EBITDA amounted to BRL1654m (EUR445m), a ...

Dangote Cement

Aliko Dangote has sold a 2.3 per cent stake in Dangote Cement to foreign buyers in a deal worth NGN86.1bn (US$236m), according to Reuters. The company has been selling off small...

Argos sells stake in port company

Argos sells stake in port company

Grupo Argos has sold its 50 per cent stake in a port operator to an investment fund managed by Goldman Sachs for about US$136m, Grupo Argos said in a statement on Monday.

ARM Cement to sell non-core unit

ARM Cement to sell non-core unit

ARM Cement is to sell its fertiliser unit in a bid to raise cast to grow its core buisiness of cement, local media reports.

Cemex

Cemex has agreed the sale of its operations in Bangladesh and Thailand to Siam City Cement for around US$53m.