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Grupo Cementos de Chihuahua SAB de CV (GCC.MX)

GCC.MX on Mexico Stock Exchange

18 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Cemex, GCC announce pricing of stake in Grupo Cementos De Chihuahua
Friday, 10 Feb 2017 

Cemex Sab De Cv : Cemex and GCC announce pricing of 15.6% stake in grupo cementos de chihuahua . Cemex Sab De Cv says priced secondary offerings of 51.8 million shares of GCC, currently owned by CEMEX, at price of mexican pesos 95 per share .Says announced they priced their secondary offerings of 51.8 million shares of common stock of gcc.  Full Article

Cemex agrees to sell some of its U.S. assets to GCC
Monday, 29 Aug 2016 

Cemex Sab De Cv: Cemex and GCC agree on terms and conditions for sale of certain U.S. assets . Says GCC will pay Cemex U.S.$306 million . Currently expect to finalize transaction before end of 2016 . Cemex's cement plant in Lyons, Colorado and cement terminal in Florence, Colorado are no longer part of assets being sold to GCC . Citigroup is acting as financial advisor to Cemex in transaction .Assets mainly consist of cement plant in Odessa, 2 cement terminals, building materials business in El Paso, Texas and Las Cruces, new Mexico.  Full Article

UPDATE 4-Cemex posts better-than-expected profit amid storms, quakes

MEXICO CITY, Oct 26 Mexican cement producer Cemex shrugged off earthquakes and hurricanes in its top markets to post a better-than-expected quarterly profit on Thursday, helped by a lower tax burden and lower financial costs.