Boral bites the bullet and writes down value of US operations
Building products group Boral has finally bitten the bullet and will write down the value of its underperforming US operations. The company will book a non-cash impairment of $1.3 billion in its financial results for the year to June 30 which will be released on 28 August. $1.2 billion of this impairment relates to written…
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