Cemex earmarks US$100mn of assets to divest

Mexican cement giant Cemex has so far earmarked around $100 million worth of assets out of the around $1 billion-$1.5 billion it is looking to divest. Chief executive Fernando Gonzalez told journalists the latest position on executing the divestment plan which has attracted big international business media attention since its announcement in February 2015. Gonzalez also said that the company would have more clarity on the asset sales in the second half of 2015.
March 30, 2015 Read time: 1 min

RSSMexican cement giant 643 Cemex has so far earmarked around $100 million worth of assets out of the around $1 billion-$1.5 billion it is looking to divest.

Chief executive Fernando Gonzalez told journalists the latest position on executing the divestment plan which has attracted big international business media attention since its announcement in February 2015.

Gonzalez also said that the company would have more clarity on the asset sales in the second half of 2015.

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