Anonymous ID: 2dff7b June 3, 2018, 7:58 p.m. No.1625468   🗄️.is 🔗kun

Alablambla Cemex related

 

Crimson Tide, Paul Bryant Jr. (Little Bear Bryant), once owned a Cemex facility in Mexico

 

In 2005, Ready Mix started a 50-50 partnership with Cemex, with both companies forming related joint ventures: Cemex Southeast LLC and Ready Mix USA LLC. Bryant negotiated a put option, which gave Greene Group the right to sell its share in both to Cemex after three years.

 

Greene Group got a payout in 2010, when the ventures sold 12 cement quarries to SPO Partners & Co., a private-equity firm in Mill Valley, Calif., for $420 million. Ready Mix and Cemex each got $100 million in cash. The bigger payday came in 2011, when Bryant executed the put option and Cemex paid him $350 million for his half of the joint ventures.

 

https://www.washingtonpost.com/business/behind-the-university-of-alabamas-football-resurgence-is-a-little-bear-and-his-millions/2013/12/06/6def673a-5b84-11e3-a49b-90a0e156254b_story.html?noredirect=on