Boral in $3b capital return after $4b in asset sales
Billionaire Kerry Stokes and his family will receive the lion’s share of the proceeds of hefty asset sales, via their 70 per cent stake.
Source: afr.com
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French robotic exoskeleton maker Wandercraft eyes US expansion courtesy of a $45M Series C – TechCrunch
Wandercraft was founded in 2012, with the vision of improving mobility of wheelchair users. The company’s solution comes by way of exoskeletons, which can offer wearers the ability to walk with robotic assistance. In 2019, the Parisian firm launched Atalante, a self-balancing exoskeleton with 12 degrees of freedom that relies on walking on algorithms to […]
Source: techcrunch.com
Australia's Boral to sell its US fly ash business for $755m
Boral retreats from its global expansion plans that saw a spree of offshore acquisitions leading to a hefty writedown in 2020.
Source: dealstreetasia.com
Australia's Boral exits U.S. with $755 mln fly ash business sale
Australia's top construction materials maker Boral Ltd said on Monday it would sell its North American fly ash business for $755 million, marking its exit from the market as it looks to focus on its domestic business.
Source: reuters.com
Australia's Boral exits U.S. with US$755mil fly ash business sale
SYDNEY: Australia's top construction materials maker Boral Ltd said on Monday it will sell its North American fly ash business for $755 million, marking its exit from the market as it looks to focus on its domestic business.
Source: thestar.com.my