Concrete and asphalt company Boral has offloaded the last of its businesses in the United States with the $1 billion sale of its fly ash operations to Eco Market Technologies, a business backed by two US private equity groups.
Chief executive Zlatko Todorcevski said the sale of the fly ash operations meant the company was now fully focused on reinvigorating its Australian operations.
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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
