Cemex sells minority stake in Grupo Cementos de Chihuahua

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Mexico: Cemex is selling a 15.6% stake in Grupo Cementos de Chihuahua (GCC). If all 51,750,000 shares of GCC are sold the cement producer will raise around US$240m in revenue before expenses. Following the sale Cemex will retain a 7.4% direct interest in GCC.

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URL: https://www.globalcement.com/news/item/5798-cemex-sells-minority-stake-in-grupo-cementos-de-chihuahua

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