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Boral Ltd (BLD.AX)

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Latest Key Developments (Source: Significant Developments)

Boral expects continued growth across all businesses in FY2018
Tuesday, 29 Aug 2017 06:31pm EDT 

Aug 30 (Reuters) - Boral Ltd :Expects continued growth across all businesses in FY2018, including a significant lift in earnings from Boral North America.Boral Australia is expected to deliver higher ebit in fy2018.If contribution from property is included in both years, Boral Australia is expected to deliver an ebit in fy2018 broadly similar to fy2017.USG Boral earnings are expected to continue to grow in FY2018.Boral North America is expected to deliver significant growth in EBIT in FY2018.  Full Article

Boral Ltd to complete acquisition of Headwaters Incorporated in early May
Thursday, 4 May 2017 06:03pm EDT 

May 5 (Reuters) - Boral Ltd ::To complete acquisition of Headwaters Incorporated in early May.U.S. Federal Trade Commission completed review of Boral's proposed acquisition of Headwaters Incorporated and cleared transaction for closing.  Full Article

Boral says shareholders of Headwaters approve acquisition by co
Sunday, 5 Feb 2017 05:17pm EST 

Boral Ltd : Shareholders of Headwaters approve acquisition by Boral .Shareholders of Headwaters approved transaction, with over 98 pct of votes cast in favour of deal.  Full Article

Headwaters says obligated to pay termination fee of $65 mln to Boral under deal
Monday, 21 Nov 2016 10:33am EST 

Headwaters Inc : If deal is terminated under specified circumstances, headwaters will be required to pay Boral Ltd termination fee of $65 million - SEC Filing .Merger agreement provides that Boral Ltd will be required to pay co a reverse termination fee of $75 million under some circumstances.  Full Article

Boral to buy Headwaters for for US$24.25 per share in cash, aggr enterprise value of about US$2.6 bln
Sunday, 20 Nov 2016 04:52pm EST 

Boral Ltd : Boral announces acquisition of Headwaters Inc . Entered into a binding agreement to acquire Headwaters Incorporated for us$24.25 per share in cash . deal for us$24.25 per share in cash, representing an aggregate enterprise value of about us$2.6 billion . Eps accretive on a pro forma fy2017f NPATA basis . Acquisition is expected to be completed in mid CY2017 . transaction unanimously approved by board of Headwaters . Offer price represents a 34% premium on Headwaters' 1-month vwap of us$18.16 . Expect significant synergies of us$100 million per annum within four years of closing . acquisition will be funded by a$450 million institutional placement & a$1.6 billion, 1 for 2.22 pro rata accelerated renounceable entitlement offer .acquisition expected to be completed in mid cy2017.  Full Article

Boral Limited to buy Headwaters Inc
Sunday, 20 Nov 2016 04:46pm EST 

Headwaters Inc : Says transaction valued at $24.25 per share in cash representing aggregate enterprise value of approximately $2.6 billion .Headwaters Incorporated enters into definitive merger agreement to be acquired by Boral Limited.  Full Article

Boral confirms merger clearance obtained for North American Bricks JV
Thursday, 22 Sep 2016 12:25am EDT 

Boral Ltd : Boral confirms merger clearance obtained for North American bricks joint venture . Will recognise its earnings contribution from the joint venture on an equity accounted basis, from commencement of the joint venture. . Paul Samples has been appointed CEO of the bricks joint venture reporting through to the equally- represented joint venture board. .  Full Article

Boral Ltd announces North American bricks joint venture
Tuesday, 23 Aug 2016 07:24pm EDT 

Boral Ltd : North American bricks joint venture . Announced an agreement with an affiliate of Forterra, Inc. ("Forterra"), which is the owner of Forterra Brick .  Full Article

Boral says effective tax rate projected to be in range of 20% to 25% for FY17
Tuesday, 23 Aug 2016 07:21pm EDT 

Boral Ltd : Boral's effective tax rate is projected to be in the range of 20% to 25% for FY 2017 . Boral's FY 2017 interest expense is expected to be slightly higher than fy2016 .  Full Article

Boral Ltd says FY net profit $256.0 million versus $257 million
Tuesday, 23 Aug 2016 07:12pm EDT 

Boral Ltd : Results for announcement to the market - FY 2016 . FY net profit attributable to members $256.0 million versus $257 million . FY total revenue $4.31 billion versus $4.41 billion . Final dividend of 11.5 cps .  Full Article

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Goldman-backed startup Circle launches no-fee foreign payments service

PARIS/NEW YORK Blockchain-based payments startup Circle Internet Financial on Thursday launched an international online money transfer service that allows people in the United States and Europe to send money to each other instantly and at no cost as it seeks to tear down borders in the payments world.