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Article: CEMEX Announces Global Public Offering.
- Article from:
- Real Estate Weekly News
- Article date:
- September 25, 2009
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CEMEX, S.A.B. de C.V. (NYSE: CX) announced that it commenced a global public offering of 1,200 million of its Ordinary Participation Certificates (CPOs), directly or in the form of American Depositary Shares (ADSs), plus up to an additional 180 million CPOs, directly or in the form of ADSs, to cover over-allotments. Included in the offering are 595 million CPOs (directly or in the form of ADSs) that will be sold on CEMEX's behalf by three of its subsidiaries. Of the 1,200 million CPOs being offered, it is expected that 900 million CPOs will be offered (directly or in the form of ADSs) in the United States and in other countries outside Mexico and approximately 300 million ...