Cemex increases its Cemex Latam Holdings stake to 93%

Written by Global Cement staff 18 December 2020

Colombia: Mexico-based Cemex has increased its stake in subsidiary Cemex Latam Holdings to 93% from 73%. Citigroup Global Markets acted as advisor and Corredores Davivienda acted as intermediary broker for the offer.

The group said, “Through the offer, Cemex is simplifying and strengthening its overall capital structure by further consolidating its indirect interest in CLH.

Last modified on 06 January 2021

Published in Global Cement News

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