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Wienerberger to acquire Meridian Brick business from Lone Star-backed Boral for $250m.

Synopsis

Wienerberger, an Austrian brick manufacturer, agreed to acquire Meridian Brick business from Lone Star-backed Boral, an Australian building materials maker, for $250m. “Since forming the bricks joint venture in the US with Lone Star in 2016, the plan was to ultimately prepare the business for sale,” Zlatko Todorcevski, Boral Chief Executive Officer.

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