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-0.00103950103950102 -0.00112266112266109 -0.00103950103950102 -0.00207900207900222 0.00311850311850305 0.00935550935550934 0.00935550935550934 0.0218295218295217
Stock impact report

CEMEX Reaches Binding Agreement To Divest White Cement Business [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 20 (Reuters) - Cemex SAB de CV ::CEMEX REACHES BINDING AGREEMENT TO DIVEST WHITE CEMENT BUSINESS.DEAL FOR FOR APPROXIMATELY US$180 MILLION.CURRENTLY EXPECTS IT COULD SIGN FINAL AGREEMENT DURING APRIL 2019 AND CLOSE THIS DIVESTMENT DURING SECOND HALF OF 2019.PROPOSED DIVESTMENT DOES NOT INCLUDE CEMEX'S WHITE CEMENT BUSINESS IN MEXICO AS WELL AS INVESTMENT IN LEHIGH CEMENT IN U.S..PROCEEDS EXPECTED TO BE OBTAINED FROM DIVESTMENT WOULD BE MAINLY USED FOR DEBT REDUCTION & GENERAL CORPORATE PURPOSES.REACHED AGREEMENT WITH ÇIMSA ÇIMENTO SANAYI VE TICARET A.S. TO DIVEST CO'S WHITE CEMENT BUSINESS, INCLUDING ITS BUÑOL CEMENT PLANT IN SPAIN. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the Show less Read more
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