Cemex Plans To Divest Operations In Philippines, Expects To Finalize Transaction Before Year-end, Proceeds Raised To Fund Company’s Bolt-on Investment Growth Strategy In Key Market, Reduce Debts
Cemex announced today that its subsidiary, Cemex Asia B.V., has signed an agreement with DACON Corporation, DMCI Holdings, Inc. and Seminara Mining & Power Corporation for the sale of its operations and assets