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BRIEF-Cemex reports divestment of Pacific Northwest Materials business in the u.s.
April 17, 2017 / 9:26 PM / 4 months ago

BRIEF-Cemex reports divestment of Pacific Northwest Materials business in the u.s.

April 17 (Reuters) - Cemex Sab De Cv:

* Cemex announces divestment of its Pacific Northwest Materials business in the U.S.

* Cemex Sab De Cv says one of its subsidiaries in U.S. Has signed a definitive agreement for sale of its pacific northwest materials business

* Cemex Sab De Cv-proceeds from transaction to sell its pacific northwest materials business to be used for debt reduction,general corporate purposes

* Cemex Sab De Cv says Pacific Northwest Materials business to be sold to Cadman Materials Inc for approximately U.S. $150 million

* Cemex Sab De Cv - expect to finalize divestiture during q2 of 2017 or soon thereafter Source text for Eikon: Further company coverage:

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