CEMEX makes significant progress in asset disposal program
(WorldNews Mexico)

CEMEX makes significant progress in asset disposal program March 21, 2019 CEMEX, S.A.B. de C.V. (`CEMEX`) (NYSE: CX) announced today it is making significant progress in its divestment initiative which is part of `A Stronger CEMEX`, a previously announced enhancement plan, by having closed or reached binding agreements for sales of approximately U.S.$750 million, which represents 50% of the low end of the December 2020 divestment target range. CEMEX announced the `A Stronger CEMEX` plan in July 2018, which includes a U.S.$1.5 to U.S.$2 billion asset disposal target by the end of 2020....