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Boral exits plasterboard, flags asset sales

Simon Evans

The Boral chief executive says there will be no ''fire sale'' of its building products assets in the United States as he begins to remake the company with the $1.43 billion sale of its 50 per cent stake in the USG Boral plasterboard business.

Boral CEO Zlatko Todorcevski took the helm at the company in July. Peter Braig

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/boral-hits-go-on-us-asset-sales-offloads-usg-boral-stake-20201026-p568sr