GCC receives US$71.5 million in settlement of SOBOCE sale arbitration
GCC•GCC received a gross payment of US$71.5 million under a settlement resolving arbitration over its 2011 sale of an equity interest in SOBOCE to Consorcio Cementero del Sur. The dispute followed a favorable arbitral award obtained on November 5, 2025, and is fully resolved with no further liability for GCC.
1. Settlement resolves dispute
GCC received a gross payment of US$71.5 million under a settlement agreement. The arbitration concerned its 2011 sale of an equity interest in SOBOCE to Consorcio Cementero del Sur and followed a favorable arbitral award obtained on November 5, 2025; GCC said the dispute is fully resolved, with no further liability.
