Cemex Holdings Philippines raises $537m in IPO debut

Cemex Holdings Philippines raises $537m in IPO debut

Cemex Holdings Philippines Inc (CHP), a subsidiary of Mexico-based cement maker Cemex, has raised over $537 million (P25.13 billion) in its initial public offering (IPO) debut at the Philippine Stock Exchange, the country’s biggest IPO since 2013 and second-largest in Southeast Asia this year.

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