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News Cemex España makes bid for minority shareholders' stakes in Cemex Latam Holdings

Cemex España makes bid for minority shareholders' stakes in Cemex Latam Holdings

Written by Global Cement staff 10 February 2023
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Colombia: Spain-based Cemex España is offering to acquire non-Cemex-owned shares in Cemex Latam Holdings. Sentido Común News has reported that the move prefigures Cemex Latam Holdings' planned delisting from the Colombian stock exchange to become an independent company. Mexico-based Cemex will consider its divestment under the group's asset optimisation strategy. The company said that the current offer gives investors the chance to exit. It expects to conclude all transactions by 1 May 2023.

Last modified on 15 February 2023
Published in Global Cement News
Tagged under
  • Cemex
  • Colombia
  • Cemex Latam Holdings
  • Cemex España
  • Acquisition
  • offer
  • delist
  • stock exchange
  • Divestments
  • Strategy
  • GCW595
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