News: BLD CSR Ltd acquires Boral's 40% interest in the Boral CSR Bricks joint venture

Oct 31 (Reuters) - CSR Ltd (CSR)

• 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