Cemex plans to sell 23 pct stake in Cementos de Chihuahua

viernes 30 de septiembre de 2016 18:13 GYT
 

MEXICO CITY, Sept 30 (Reuters) - Mexican cement maker Cemex said on Friday it had sought approval from the stock exchange to sell the 23 percent direct stake it holds in Grupo Cementos de Chihuahua via a secondary public offering.

The proposal is part of Cemex's existing plan to divest itself of certain assets, the company said in a statement.

Cemex aims to make the offer to Mexican investors as well as to investors abroad in a concurrent, private placement. (Reporting by Anahi Rama)