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Boral $1.8 billion acquisition of Headwaters

20/11/2016
Public acquisition
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$ 1.8 billion

Announced

20/11/2016

Overview:

  • Australian building material supplier Boral has acquired US-based construction products supplier Headwaters in a $1.8 billion deal.
  • The price tag comes to $24.25 per Headwaters share, which  Boral will pay in cash.
  • The transaction comes amid expected increases in US infrastructure spending.
  • The deal is expected to close in mid-2017.

Kurt Stumpo - Journalist

Jurisdictions:

United States
Australia

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Construction and materials

Firms:
Alston & Bird

Party: Boral (Acquirer)

Lawyer: Darren Hauck

Pillsbury Winthrop Shaw Pittman

Party: Headwaters (Target)

Lawyers: David Lillevand, Laura Hannusch, Philip Tendler

Skadden Arps Slate Meagher & Flom

Party: Boral (Acquirer)

Lawyers: June Dipchand, Peter Serating

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