Cemex closes Bangladesh and Thailand transaction
On 26.05.2016, Cemex, S.A.B. de C.V. announced that it has closed the sale of its operations in Bangladesh and Thailand to Siam City Cement Public Company Limited for approximately US$ 53 million. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes.
Cemex is a global building materials company that provides high quality products and reliable service to customers and communities in more than 50 countries. Celebrating its 110th anniversary, Cemex has a rich history of improving the wellbeing of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.
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