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Stock Market & Financial Investment News

News Breaks
April 21, 2014
11:14 EDTLFRGY, HCMLY, CXLafarge, Holcim leftovers could attract offers, Bloomberg says
After Lafarge (LFRGY) and Holcim (HCMLY) begin shedding assets across the globe to finalize their $40B merge agreement, cement producers from Europe to the U.S. could potentially start making bids for cement plants, reported Bloomberg. Some analysts foresee possible bidders for the North America plants to include HeidelbergCement, Titan Cement and Mexico’s CEMEX (CX). Reference Link
News For LFRGY;HCMLY;CX From The Last 14 Days
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August 14, 2014
12:46 EDTCXCEMEX to invest $340M in new Colombia CLH cement plant
CEMEX announced that its subsidiary, CEMEX Latam Holdings, will begin the construction of a cement plant in Colombia. The total investment is expected to reach approximately $340M and to increase CLH’s cement production capacity in Colombia from 4.5M to close to 5.5M tons per year. The first phase of this project includes the construction of a new grinding mill that is expected to start cement production during the second quarter of 2015. The rest of the plant will be completed during the second half of 2016. The plant will operate using modern and efficient technology to comply with high quality and environmental standards.
August 8, 2014
09:39 EDTCXCEMEX management to meet with JPMorgan
Meeting to be held in Boston on August 13 hosted by JPMorgan.

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