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Boral shrinks even more by selling Australian timber business – The Australian Financial Review

Melbourne-based Pentarch Group paid $64.5 million for the timber decking and flooring business offloaded by Boral.

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While it has been an action-packed past 12 months since Mr Todorcevski took the helm of Boral in July 2020, with a $2.9 billion sale of the United States building products business in June, the timber business was initially earmarked for possible sale by…

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