Cemex, Venezuela reach $600 million compensation agreement
Cemex, Venezuela reach $600 million compensation agreement
MEXICO CITY. Mexico’s cement giant Cemex SAB de CV says the Venezuelan government has agreed to pay $600 million for the 2008 takeover of the company’s operations in Venezuela. The Mexican company says the negotiated payment will be $240 million in cash and $360 million in negotiable securities from the Venezuelan state oil company, Petroleos de Venezuela, SA.
Fuente: aggregateresearch.com
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