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Globe and Mail (Free subscription) | 28/08/2008
Cemex SAB, the world's third-biggest cement company, agreed to hand over control of its Venezuelan subsidiary to a board appointed by the country's government, opening the door to price talks, Venezuelan Vice-President Ramon Carrizales said.
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People Daily (Free subscription) | 26/08/2008
Venezuelan government and Mexican cement group Cemex re-started negotiations on Monday over the nationalization of its cement plants in the country. According to Venezuelan Vice President Ramon Carrizales, Monday's negotiation was pretty "active," representatives from Cemex have shown "sincerity for the negotiation, and bear the hope to reach agreement with the government soon." The vice president...
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Fool.com (Free subscription) | 25/08/2008
Chavez willing to renegotiate with Cemex but only if they show the proper respect.
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ComingAnarchy.com (Free subscription) | 24/08/2008
For years it looked as if only Western companies were subject to President Hugo Chavez’s socialist revolution and nationalization of industry. No longer. On Wednesday, Venezuelan troops marched into four cement plants owned by Cemex, a Mexican cement company. The invasion took place at the dead of night and the celebrated with [...]
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Diplodemocracia (Free subscription) | 23/08/2008
Venezuela, which this week nationalized cement plants owned by Cemex, is willing to resume failed negotiations with the Mexican cement company, Venezuela's vice president said Friday ( full information )/ El vicepresidente de Venezuela, Ramón Carrizales, anunció el viernes que se reanudarán las conversaciones con la cementera mexicana Cemex, cuya filial venezolana fue expropiada el lunes dentro del...
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Houston Chronicle (Free subscription) | 23/08/2008
Venezuela, which this week nationalized cement plants owned by Cemex, is willing to resume failed negotiations with the Mexican cement company, Venezuela's vice president said Friday.
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Boston Globe (Free subscription) | 22/08/2008
President Hugo Chavez lashed out at Cemex SAB on Thursday, saying Venezuela is ready to put up a fight in international arbitration as the Mexican cement company seeks to challenge the nationalization of its cement plants.
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Reason Magazine - Hit & Run (Free subscription) | 21/08/2008
After a round of bad-faith negotiations with the Mexican company Cemex, the government of Venezuela has decided it's high time that foreign cement factories are expropriated to benefit the proletariat (and by "proletariat" they mean the crooked oligarchs of Caracas). President Chavez sent the National Guard to seize the company's assets after negotiations broke down when Cemex representatives pointed...
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New Zealand Herald (Free subscription) | 21/08/2008
Fletcher Building says it is investigating the Humes pipes business in Australia, which may be put up for sale by Mexico's Cemex. Fletcher Building chief financial officer Bill Roest said the company was looking at Humes. "At...
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BBC News (Free subscription) | 21/08/2008
Cement giant Cemex plans to seek arbitration at the World Bank after Venezuela's government seizes its local subsidiary.
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BBC News (Free subscription) | 21/08/2008
Cement giant Cemex is to seek arbitration at the World Bank after Venezuela's government seizes its local subsidiary.
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Boston Globe (Free subscription) | 21/08/2008
Mexican cement maker Cemex SAB on Wednesday said it would seek World Bank arbitration over Venezuela's move to nationalize its local cement plants this week -- a step it called flagrantly illegal.
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OTB News (Free subscription) | 21/08/2008
MEXICO CITY (Reuters) - Mexican cement firm Cemex said on Wednesday it will seek international arbitration to resolve a dispute with Venezuela’s government, which seized the company’s unit there in a nationalization drive.
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EuroInvestor.co.uk (Free subscription) | 21/08/2008
CEMEX, S.A.B. de C.V. (NYSE: CX) announced today that it will submit a complaint seeking international arbitration before the International Center for Settlement of Investment Disputes.. - Read more