Cemex Plots Colombia Float

Aug 23, 2012

Cemex is aiming to IPO the Cemex Latam unit holding its regional ex-Mexico assets, it says, as part of its broader global asset sale strategy. The subsidiary, holding substantially all of the Mexican cement maker’s assets in Central America and South America, is to list in Colombia, selling shares there and also...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management