Consunji Group to acquire Cemex Asian South East Corp. for $305.6M

The Consunji Group, through DMCI Holdings, Semirara Mining and Power Corp., and Dacon Corp., received PCC approval for its $305.6 million acquisition of Cemex Asian South East Corp., which holds an 89.86% stake in Cemex Holdings Philippines. The deal includes cement manufacturing assets in the Philippines.

“The acquisition of CASEC will allow DMCI to venture into the cement industry.”bworldonline.com

• 2 sources
• bworldonline.comConsunji’s $305.6-M Cemex buy gets PCC approval - BusinessWorld OnlineCEDTyCleaAug 14, 2024
• cemnet.comPCC approves Consunjis’ acquisition of Cemex PhilippinesAug 15, 2024

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