02:19 PM EST, 02/24/2025 (MT Newswires) -- Cemex (CX) is looking into a sale of its Colombian cement business to focus on North America and Europe, Bloomberg reported Monday, citing people familiar with the matter.

The business may be worth $700 million to $1 billion, the report said.

Cemex didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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