Australia's Boral to sell 50% stake in USG Boral, explore sale of N. American businesses
Oct 27 (Reuters) - Australia's Boral Ltd BLD.AX on Tuesday said it will sell its 50% stake in joint venture USG Boral to Germany-based Gebr Knauf KG for A$1.43 billion ($1.02 billion).
The country's largest building materials supplier added it is also assessing opportunities for divestment in its North American building products businesses.
($1 = 1.4047 Australian dollars)
(Reporting by Shruti Sonal in Bengaluru Editing by Chris Reese)
((Shruti.Sonal@thomsonreuters.com; Twitter: @shrutisonal26;))
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