Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News Cemex seeks to increase Cemex Philippines stake to 90% with a view to selling up

Cemex seeks to increase Cemex Philippines stake to 90% with a view to selling up

Written by Global Cement staff 27 January 2023
  • Print

Philippines: Cemex has launched an offer to acquire 12% of outstanding shares in Cemex Philippines, giving it a 90% stake in the company, for US$38m. Axis Negocios News has reported that the group is seeking to increase and consolidate its interests in Cemex Philippines in order to assess a potential divestment from its position.

In December 2020, Cemex increased its stake in its subsidiary Cemex Latam Holdings by 20% to 93%. It subsequently divested part of that business in 2022.

Published in Global Cement News
Tagged under
  • Philippines
  • Cemex
  • Cemex Philippines
  • Stake
  • Shares
  • Acquisition
  • Divestments
  • Strategy
  • business

Related items

  • Taiheiyo Cement Philippines to open Batangas terminal in 2026
  • Will Mexico be the new powerhouse for Holcim?
  • Aumund Group integrates ESI Eurosilo
  • Aboitiz Construction to provide site services at three Republic Cement plants
  • P&O Maritime Logistics to acquire controlling stake in NovaAlgoma cement assets
back to top
“Loesche
SR-MAX2500 Primary Shredder for MSW - Fornnax Recycling Technology
PrimeTracker - The first conveyor belt tracking assistant with 360° rotation - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition Cemex China CO2 coronavirus data decarbonisation Export France Germany Government grinding plant HeidelbergCement Holcim Import India Investment LafargeHolcim market Mexico Nigeria Pakistan Plant Production Results Sales Sustainability UK Upgrade US
« July 2025 »
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • Global CemBoards
  • Global CemCCUS
  • Global CemFuels
  • Global CemFuels Asia
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.