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| Cemex to Divest Stake in Semen Gresik Cemex, S.A. de C.V. has agreed to sell 24.9% of PT Semen Gresik to Indonesia-based Rajawali Group. According to the terms of the agreement, Rajawali Group will pay CEMEX US$337 million. PT Semen Gresik is a publicly traded company on the Jakarta Stock Exchange. The transaction is subject to the approval of the Indonesian government and fulfillment of other conditions. write your comments about the article :: © 2006 Construction News :: home page |