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Cemex explores sale of Colombian cement business for up to $1B – Bloomberg (CX:NYSE)

Cemex mixer truck transporting cement to the construction site

Sundry Photography/iStock Editorial via Getty Images

Cemex (NYSE:CX) is exploring a sale of its Colombian business in a deal that could be worth $700M-$1B, as the Mexican cement maker exits non-core assets to focus on North America and Europe, Bloomberg reported Monday.

The Colombian operations could

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