Cemex announced Oct. 6 the sale of its Panama operations to Grupo Estrella for an enterprise value of approximately $200 million, marking a strategic shift as the Mexican cement giant realigns its portfolio toward higher-growth markets in the US.
Lucas Sposito is a journalist at S&P Global. He specializes in the construction industry, focusing on building materials and construction technology (ConTech). His insights and analyses are featured in S&P Global, where he explores the latest trends and developments in these vital sectors.