CEMEX divests assets in Philippines cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
THE Consunji Group has signed a purchase agreement with Cemex Asia B.V. to acquire its entire stake of 42.14 million common shares in Cemex Asian South East Corp. (CASEC) for $305.6 million. CASEC is the majority shareholder of Cemex Holdings Philippines Inc. (CHP), which owns 89.86 percent of its outstanding…