Philippines: DMCI Holdings has entered into negotiations to acquire Cemex Holdings Philippines, Reuters has reported, citing three sources ‘familiar with the matter.’ The sources expect the value of the transaction to exceed Cemex Holdings Philippines' current market capitalisation of US$375m. One source reportedly valued any future deal at an estimated US$714m.
DMCI Holdings may acquire Cemex Holdings Philippines
URL: https://globalcement.com/news/item/16934-dmci-holdings-may-acquire-cemex-holdings-philippines
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