Cemex closes Bangladesh-Thailand business sale to Siam City Cement

Cemex has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement for around US$53 million. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes, the Mexican building materials giant has stated.
Quarry Products / May 27, 2016

643 Cemex has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement for around US$53 million.

The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes, the Mexican building materials giant has stated.

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Cemex
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