Application for approval of proposed divestiture: The Commission received an application for approval of proposed divestiture from Cemex, S.A. de C.V. (Cemex) related to its recent acquisition of RMC Group PLC (RMC). Under the terms of the consent order allowing the acquisition, Cemex was required to divest RMC’s ready-mix concrete assets in the Tucson, Arizona, area to a Commission-approved buyer within six months of signing the order. Through this application, Cemex has requested approval to divest these assets to California Portland Cement Company, pursuant to an asset purchase agreement and related agreements dated May 23, 2005. A public version of Cemex’s application can be found on the FTC’s Web site as a link to this press release.
The FTC is accepting public comments on the proposed divestiture for 30 days, until July 9, 2005. Comments should be sent to: FTC, Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, DC 20580. (FTC File No. 051-0007; Docket No. C-4131; the staff contact is Elizabeth A. Piotrowski, Bureau of Competition, 202-326-2623; see press release dated February 14, 2005.)
Copies of the documents mentioned in this release are available from the FTC’s Web site at http://www.ftc.gov and also from the FTC’s Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.