CEMEX completed the acquisition of 19.44% stake in CEMEX Latam Holdings.

Synopsis

CEMEX, a building products company, completed the acquisition of 19.44% stake in CEMEX Latam Holdings, a provider of building products such as cement. Financial terms were not disclosed. Through the offer, CEMEX is simplifying and strengthening its overall capital structure by further consolidating its indirect interest in CLH.

Principals

target

Cemex Latam Holdings

bidder

Cemex Sab De Cv

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Market Context

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Seller Team (1)

jesús gonzález

CEO at CEMEX LATAM HOLDINGS

Manager

target

Deal

n/a

Total Value

Bidder Team (3)

fernando a. gonzalez

CEO at CEMEX SAB DE CV

Manager

bidder

Deals

£ 1.17 B

Total Value

jorge pérez

Communications Director at CEMEX SAB DE CV

Manager

bidder

Deals

£ 527 M

Total Value

lucy rodríguez

Investors Relations Director at CEMEX SAB DE CV

Manager

bidder

Deal

n/a

Total Value

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