Profitability

Profitability

CEMEX Financial News

CEMEX announced today that CEMEX and CEMEX Concretos, S.A. de C.V. have entered into a definitive agreement to divest CEMEX Concretos’ ready-mix concrete pumping assets in Mexico to Pumping Team S.L.L. for approximately U.S.$80 million plus an additional U.S.$29 million purchase price contingent on future performance targets.

The assets being divested consist mainly of CEMEX Concretos’ 507 ready-mix concrete pumping units and other related assets.

Read the complete press release: http://www.cemex.com/MediaCenter/PressReleases/PressRelease20161202.aspx