Cemex plans Philippines IPO; to sell Bangladesh, Thai ops to Siam City Cement

Cemex plans Philippines IPO; to sell Bangladesh, Thai ops to Siam City Cement

Image from Cemex.

Thailand’s second largest cement producer Siam City Cement Pcl (SCCC) has entered into an agreement to acquire Mexico’s cement and construction materials firm Cemex’s operations in Bangladesh and Thailand for $53 million.

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