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News DMCI Holdings may acquire Cemex Holdings Philippines

DMCI Holdings may acquire Cemex Holdings Philippines

Written by Global Cement staff 18 March 2024
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Philippines: DMCI Holdings is considering the acquisition of Cemex Holdings Philippines. Reuters has reported that the deal is valued at around US$715m. DMCI Holdings Chairman Isidro Consunji expressed optimism about the potential acquisition, but did not specify a completion timeline. DMCI Holdings is exploring diversification into new industries, with cement identified as a strategic addition.

Last modified on 20 March 2024
Published in Global Cement News
Tagged under
  • Cemex Holdings Philippines
  • DMCI Holdings
  • Consunji Group
  • Acquisition
  • Philippines
  • Cemex
  • GCW651
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