Radar > 233622

Cemex plans sale of assets worth USD 1bn to USD 1.5bn

Cemex planea venta de activos por USD 1.000m a USD 1.500m

Intel ID : 233622
Synopsis

Cemex (BMV:CEMEXCPO), a Mexico-based cement and construction material manufacturer, wants to sell assets worth USD 1bn to USD 1.5bn in the coming two years, reported Reuters Latin America on 4 February, 2016, citing the company's 2015 results report.

Thus, Cemex continues with its divestment plan, launched in 2015 (see related intel), aiming to reduce its debt in USD 2bn during that period.
(content in spanish)

Cemex (BMV:CEMEXCPO), fabricante mexicana de cemento y materiales de construcción, quiere vender activos por USD 1.000m a USD 1.500m en los próximos dos años, ha publicado Reuters Amérca Latina el 4 de febrero de 2016, citando a el informe de resultados de 2015 de la empresa.

De esta manera, Cemex continua su plan de desinversión, lanzado en 2015 (ver intel relacionados), con el objetivo de reducir su deuda en USD 2.000m durante ese período.

Relevant Documents

Seller

Cemex
Mexico

Intel ID 233622
Value ND
Native Currency Mexican Peso (MXN)
Exchange Rate:
Financial Data - Cemex
(31 Dec 2017)
Revenue: EUR 10.946,98m
Exchange Rate:
Date
Country
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Subsector (Old TTR Sectors)
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Intel Grade
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Tags

Seller

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Primary Sector (TTRSC)
55.03.02 Cement & Concrete
55 Raw Materials & Natural Resources / 55.03 Construction Materials

Secondary Sectors (TTRSC)
35.07.02 Building Products
35 Industrials / 35.07 Manufacturing

55.03.01 Aggregates & Other Raw Construction Materials
55 Raw Materials & Natural Resources / 55.03 Construction Materials

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.