DataRoom AM: Boral fixation

Boral’s tie-up with the Warren Buffett-backed USG has the market amped, while Ten dodges a dilutive equity raising.

Boral’s joint venture with the Warren Buffett-backed USG has markets in a fizz, with investors backing the former as the big winner. But did it have the opportunity to bargain for a better deal with another party? Elsewhere, the big backers of the Ten Network again help it out of a funding hole, minus the assistance of mining magnate Gina Rinehart, while RHG continues to weigh up its takeover offers and Dexus’ property move gets a tick from a leading ratings agency.

Boral, USG, Knauf

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