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.
DMCI Holdings may acquire Cemex Holdings Philippines
URL: https://globalcement.com/news/item/17113-dmci-holdings-may-acquire-cemex-holdings-philippines
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