31 de enero de 2017 / 23:42 / en 10 meses

Mexico's Cemex sells unit for $500 million to reduce debt

MEXICO CITY, Jan 31 (Reuters) - A U.S. subsidiary of Mexico’s Cemex, one of the world’s largest cement producers, sold a concrete tubing unit for approximately $500 million, the company said on Tuesday.

In a statement sent to Mexico’s stock exchange, Cemex said proceeds from the transaction would be used to reduce debt. (Reporting by Natalie Schachar)

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