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BRIEF- CSR Ltd acquires Boral's 40% interest in the Boral CSR Bricks joint venture

Published 31/10/2016, 11:27 am
© Reuters.  BRIEF- CSR Ltd acquires Boral's 40% interest in the Boral CSR Bricks joint venture
CSR
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Oct 31 (Reuters) - CSR Ltd CSR.AX

* Has agreed to acquire boral's 40% interest in boral csr bricks joint venture for $126.4 million, in addition to loan repayments to boral of $7.5 million

* "Transaction represents a forward ebitda multiple of 5.8-6.0 times and is expected to be eps accretive in yem17"

* CSR will fund transaction via existing cash and debt facilities

* CSR acquires boral interest in the boral csr bricks jv,bld-CSR.AX Source text for Eikon: Further company coverage: CSR.AX

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