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Cemex Set for LatAm IPO

Nov 6, 2012

Cemex is scheduled to price the IPO of its Cemex LatAm unit tonight, targeting more than COP1.50trn ($820m). The Colombian-listed carve-out of the Mexican Cement maker’s assets in Colombia, Panama, Costa Rica, Brazil, Guatemala, Nicaragua and El Salvador...

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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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