Mexico's Cemex Announces 3B Peso Bond Offering

Cemex S.A.B. de C.V. (BMV:CEMEXCPO), Mexico's largest cement company, announced it is preparing a 3 billion peso (US$226 million) bond offering.

Mexico's Cemex Announces Willingness to Reach Informal Agreement with Chavez over Cement Company Nationalization

At a press conference held for reporters in Mexico City, a representative from Mexico's Cemex S.A.B. de C.V. (NYSE:CX), Latin America's largest cement producer, announced that the company was willing to negotiate to reach an out-of-court settlement with Hugo Chavez's Venezuelan government over the nationalization of assets worth an estimated US$1.2 billion.

Mexico's CEMEX Takes Action Against Peru's Anti-Dumping Charges

Peruvian press sources today reported that Mexican cement producer Cemex, SA.B. de C.V. (NYSE:CX), the world's third largest cement producer with 2008 revenues worth US$22 billion, announced plans to take legal action after Peru's competition regulator, Indecopi, disclosed its decision to place anti-dumping charges worth US$62 per ton of cement on Cemex's exports to Peru.