Spain Needs Some Money: Cemex in Spain price-fixing investigation-filing
in
Mexico
Posted September 23rd, 2009 at 4:55 pm
MONTERREY, Mexico, Sept 22 (Mexico Cemex) - Spanish anti-trust authorities searched the local offices of Mexico's Cemex on Tuesday in an investigation into possible price fixing by the cement maker, the company told U.S. securities regulators in a filing.
Cemex, the world's No. 3 cement maker (CMXCPO.MX) (CX.N), said in the filing with the U.S. Securities and Exchange Commission that the search was part of an investigation of building materials companies in Spain "for possible unlawful practi...
Texas says Mexico’s Cemex owes at least $558 mln in royalties
* Texas says Cemex owes at least $558 mln in royalties
* Lawsuit latest concern for debt-laden Mexican company
* Cemex says sand, gravel not subject to royalties (Recasts; adds background, Cemex debt details)
By Robin Emmott
MONTERREY, Mexico, June 23 (Reuters) - The U.S. state of Texas said on Tuesday it filed a lawsuit against Mexico's Cemex SA for $558 million in royalties owed in the United States, the latest headache for the debt-laden cement maker.
Texas Land Commissioner Je...
