business

Boral Restructures Business, Plans to Sale Non-Core Assets


Boral (BLD), one of the leading building and construction material manufacturer and wholesaler with key operations located in Australia, Asia and the United States has remodeled its key businesses and identified a number of non-core assets for sale. The company is currently seeking to raise as much as $490 million in an attempt to boost up its growth and strengthen up the balance sheet.

Brambles Limited to Lose ConAgra Business in US


Brambles Limited (BXB), one of the leading support service provider which is running operations in more than 45 countries has declared that it is going to lose its US based business of ConAgra. However, the company also added that the loss is not going to have any effect on its 2010 accounts as the food company does represent a significant portion (less than 1 percent) of the annual sales of Brambles.

Syndicate content

Recommended Websites