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Stock impact report

Cemex Reaches Binding Agreement To Divest Aggregates And Ready-Mix Assets In Germany [Reuters]

Cemex, S.A.B. de C.V. Sponsored ADR (CX) 
US:NYSE Investor Relations: cemex.com/investors/overview
Company Research Source: Reuters
Cemex SAB de CV (CX.N) Key Developments | Reuters.com March 19 (Reuters) - Cemex SAB de CV ::CEMEX REACHES BINDING AGREEMENT TO DIVEST AGGREGATES AND READY-MIX ASSETS IN GERMANY.PROPOSED DEAL FOR FOR APPROXIMATELY EUR 87 MILLION..CURRENTLY EXPECTS TO SIGN A FINAL AGREEMENT FOR SALE OF ASSETS DURING APRIL 2019 AND CLOSE DIVESTMENT DURING Q2 OF 2019.PROCEEDS EXPECTED TO BE OBTAINED FROM DIVESTMENT WILL BE USED MAINLY FOR DEBT REDUCTION AND GENERAL CORPORATE PURPOSES.AGREEMENT TO SELL AGGREGATES & READY-MIX ASSETS IN NORTH AND NORTH-WEST REGIONS OF GERMANY TO GP GÜNTER PAPENBURG AG. Full Article Feb 7 (Reuters) - Cemex SAB de CV ::CEMEX REPORTS TOP-LINE GROWTH OF 6%, FREE CASH FLOW GENERATION IN EXCESS OF US$900 MILLION AND DEBT REDUCTION OF CLOSE TO US$1 BILLION DURING 2018.CEMEX SAB DE CV - CONSOLIDATED NET SALES INCREASED BY 4% DURING Q4 OF 2018 TO US$3.5 BILLION.CEMEX SAB DE CV - OPERATING EARNINGS BEFORE OTHER EXPENSES, NET, IN Q4 REMAINED FLAT AT US$396 MILLION. Full Article Show less Read more
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