CRH plc is reportedly nearing an agreement to acquire Branford, Fla.-based Suwannee American Cement from Votorantim Cimentos and Anderson Columbia Co. to further drive growth in North America, according to Bloomberg.com. Bloomberg’s sources said the deal may value Suwannee at $750 million.
Read MoreDay: October 11, 2017
Cemex Sells Remaining GCC Shares
Cemex announced that it sold a 9.47 percent direct interest in Grupo Cementos de Chihuahua (GCC) for approximately $168 million, which will be used mainly for debt reduction and general corporate purposes. The company continues to have a 20 percent indirect interest in GCC through CAMCEM, an entity that owns a majority interest in GCC and in which CEMEX has…
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