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Cemex LatAm Sets Price Range

Oct 23, 2012

Cemex has set the price range for the IPO of its Cemex LatAm unit, it says, a transaction that would raise COP1.54trn ($857m) at the midpoint. In the carve-out of the Mexican Cement maker’s assets in Colombia, Panama, Costa Rica, Brazil,...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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