CEMEX closes divestment of Kentucky cement plant to Eagle Materials for $665M

CEMEX's U.S. affiliate has closed the previously announced divestment of its Kentucky cement plant and related assets to Eagle Materials Inc. for approximately $665 million, with CEMEX receiving about $499 million.

“Its U.S. affiliate, has closed its previously announced divestment of its Kentucky cement plant and related assets to Eagle Materials Inc. for an aggregate amount of approximately U.S.$665 million.”sec.gov

• 3 sources
• sec.govCEMEX SAB DE CV Form 6-K filed March 6, 2020Mar 6, 2020
• cemnet.comCemex and Buzzi Unicem complete Kosmos Cement sale to Eagle Materials IncMar 9, 2020
• globalcement.comEagle Materials finalises Kosmos Cement acquisition - Cement Sector News - Global CementGlobal Cement staffMar 9, 2020

Summarized from public sources; check the original articles before acting on it.