BLD boral limited.
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July 26 (Reuters) - Boral Ltd (BLD) : BORAL AGREES TO SELL ITS...

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    26/07/21
    11:40
    Post #: 54771779

    July 26 (Reuters) - Boral Ltd (BLD) :

    • BORAL AGREES TO SELL ITS AUSTRALIAN TIMBER BUSINESS-BLD.AX
    • TO SELL ITS AUSTRALIAN HARDWOOD AND SOFTWOOD TIMBER BUSINESS FOR A$64.5 MILLION
    • TRANSACTION IS NOT EXPECTED TO RESULT IN ANY CASH TAX PAID
    • PROCEEDS FROM DEAL WILL BE USED TO OPTIMISE BORAL'S NET DEBT POSITION AND AFTER ALLOWING FOR REINVESTMENT NEEDS
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