Cemex Holdings PHL sells stake in Swiss-based unit

CEMEX Holdings Philippines, Inc. (CHP) sold its entire stake in Swiss-based Cemex Asia Research AG (CAR) to Cemex Innovation Holding AG for $900,459 (P53 million) to streamline its business. CHP signed a share purchase agreement with Cemex Innovation on Nov. 26 involving the sale of 118,849 shares. “CHP and its subsidiaries have secured access to […]



Source link