THE CONSUNJI group has officially entered the cement manufacturing business after completing the acquisition of a majority stake in listed cement producer Cemex Holdings Philippines, Inc. (CHP), with the deal priced at $272 million (P15.96 billion). Consunji-led companies DMCI Holdings, Inc., Semirara Mining and Power Corp. (SMPC), and Dacon Corp. finalized on Dec. 2 the purchase […]
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