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News Cementos Argos to launch US initial public offering

Cementos Argos to launch US initial public offering

Written by Global Cement Staff 07 December 2021
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US: Cementos Argos plans to begin trading publically in mid-late 2022 with the launch of an initial public offering (IPO) on the New York Stock Exchange.

The company said “The listing in the US will contribute to the purpose of fully capturing the business value of the company, optimising the capital structure and obtaining the necessary resources to continue executing the growth strategy that the company plans to achieve in that country as a result of the recent approval of the Bipartisan Infrastructure Law for US$1tn and the positive cycle expected for the construction materials industry in the residential, commercial and civil works segments during the next 10 years.”

Last modified on 08 December 2021
Published in Global Cement News
Tagged under
  • US
  • Argos USA
  • Cementos Argos
  • Grupo Argos
  • corporate
  • Finance
  • investor
  • Stake
  • Shares
  • Government
  • Infrastructure
  • construction
  • demand
  • market
  • GCW535

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