May 10 (Reuters) - Boral Ltd BLD.AX :
* BORAL AGREES TO SELL US CONCRETE & QUARRIES BUSINESS
* EXPECTS TO RECOGNISE A PRE-TAX PROFIT ON SALE OF AROUND US$45 MILLION
* AGREED TO SELL ITS CONCRETE & QUARRIES BUSINESS IN DENVER, COLORADO TO BRANNAN SAND AND GRAVEL COMPANY, LLC FOR US$127 MILLION
* PROCEEDS FROM SALE WILL BE USED TO REDUCE DEBT
* TRANSACTION IS EXPECTED TO COMPLETE ON OR AROUND 31 MAY 2018 AND IS SUBJECT TO CUSTOMARY REGULATORY APPROVALS