Entering text into the input field will update the search result below

CEMEX signs final deal to divest German assets

May 14, 2019 10:43 AM ETCEMEX, S.A.B. de C.V. (CX) StockBy: Yoel Minkoff, SA News Editor
  • CEMEX (NYSE:CX +2%) has signed a final agreement to sell its aggregates and ready-mix assets in the North and North-West regions of Germany to GP Günter Papenburg for approximately €87M.
  • The assets in Germany being divested consist of 4 aggregates quarries and 4 ready-mix facilities in North Germany, and 9 aggregates quarries and 14 ready-mix facilities in North-West Germany.
  • CEMEX currently expects to close this divestment during the second quarter of 2019.

Recommended For You

More Trending News

About CX Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
CX--
CEMEX, S.A.B. de C.V.