Cemex: a rare concrete deal in the Philippines

The Philippine cement maker’s IPO will be a boon to bankers and a relief to deal-starved investors in a market where foreign companies are reluctant sellers.

The Philippines has become one of the best-regarded economies in Asia. But what it has not become, despite the best attempts of bankers inside and outside of the country, is a major source of capital market revenues.

¬ Haymarket Media Limited. All rights reserved.

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