Cemex LatAm Pours at Midpoint
Cemex has priced the IPO of its Cemex LatAm unit at the midpoint of its range, in an upsized deal that should raise more than $1bn-equivalent, according to people familiar with the sale. The Colombia-listed carve-out of the Mexican cement maker’s assets in Colombia, Panama, Costa Rica, Brazil, Guatemala, Nicaragua and El Salvador had a book heard to be at least 2x subscribed Tuesday, in a transaction that also...
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