Mexico: Cemex has successfully closed its sale of its Costa Rica and El Salvador subsidiaries to Cementos Progreso for US$329m. Cemex plans to use the proceeds from the divestments to fund its bolt-on investment growth strategy, reduce its debt and for other general corporate purposes.
Cementos Progreso acquires Cemex’s Costa Rica and El Salvador assets for US$329m
URL: https://www.globalcement.com/news/item/14582-cementos-progreso-acquires-cemex-s-costa-rica-and-el-salvador-assets-for-us-329m
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