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Cemex agreed to sell its Rinker Materials concrete pipe and precast business to Quikrete Holdings for about $500 million, plus up to $40 million in additional payments. The deal includes 32 plants in 15 states.
“Cemex S.A.B. de C.V. enters the new year on track to unload a major non-core U.S. asset: the Rinker Materials concrete pipe and precast business.”concreteproducts.com
Summarized from public sources; check the original articles before acting on it.