Tender Offer - CEMEX SAB DE CV

Form Type: 20-F

Filing Date: 2025-04-28

Corporate Action: Tender-offer

Type: Update

Accession Number: 000119312525097693

Filing Summary: Cemex SAB de CV completed a significant corporate action involving a tender offer and delisting process for Cemex Latam Holdings, S.A. (CLH), which was finalized in June 2023. CLH, incorporated in Spain, previously traded its ordinary shares on the Colombian Stock Exchange and was the indirect holding company for Cemex's operations in Colombia, Panama, Nicaragua, and operations in Guatemala (until September 10, 2024) and Costa Rica and El Salvador (until August 31, 2022). Following these developments, the company holds a non-controlling interest in CLH, which was recorded at 0.16% for 2024 and 0.50% for 2023. The document discusses Cemex’s continued strategy to enhance growth and expand its aggregate business, highlighted by the acquisition of a non-controlling interest in a new entity specializing in aggregates production in the U.S. Additionally, it notes the ongoing operations at the Maceo Plant in Colombia set to commence in 2025, alongside the completion of disposals of operations, including the recent sale of assets in the Philippines.