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News Cemex secures PCC approval for share sale in Cemex Holdings Philippines

Cemex secures PCC approval for share sale in Cemex Holdings Philippines

Written by Global Cement staff 16 August 2024
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Philippines: Cemex has received approval from the Philippine Competition Commission (PCC) to sell 90% of Cemex Holdings Philippines's shares. The approval relates to a joint acquisition by DMCI Holdings, Semirara Mining and Power and Dacon of shares in Cemex Asian South East Corporation, which holds a major stake in Cemex Holdings Philippines. This clearance is a requirement for finalising the transaction, contingent on further compliance by the acquiring companies.

Last modified on 21 August 2024
Published in Global Cement News
Tagged under
  • Cemex
  • Philippines
  • Philippine Competition Commission
  • Sale
  • Shares
  • Cemex Holdings Philippines
  • Acquisition
  • DMCI Holdings
  • Cemex Asian South East Corporation
  • GCW673
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