Diversified engineering conglomerate DMCI Holdings Inc. of the Consunji family has set its sights on its next acquisition targets following a recent deal to purchase a majority stake in Cemex Philippines.
DMCI Holdings looking to add copper, gold, coal mining assets bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
DMCI Holdings Inc. is optimistic that Cemex Holdings Philippines (CHP) the conglomerate s first acquisition in 10 years and its largest investment to date will swing back to profit as early as this year.
DMCI sees Cemex PHL s turnaround by next year - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Engineering conglomerate DMCI Holdings Inc. said the turnaround of Cemex Holdings Philippines Inc. may happen next year due to its ongoing expansion and the synergies provided by the businesses controlled by the Consunji Group. “While cement demand is currently soft, we expect it to rebound as our turnaround plan progresses,…