Cemex Plots Colombia Float

Cemex Plots Colombia Float

Colombia Mexico Equity

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 through an international portion. Cemex does not give details as to the size, but analysts estimate the stake to be foated, likely 25%, could be worth about $750m-$1.0bn, an amount that

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