Boral Ltd. consummated a $2.6 billion takeover of South Jordan, Utah-based Headwaters Inc., following U.S. Federal Trade Commission clearance. The deal brings the North Sydney, Australia, suitor upward of 8 million tons of annual fly ash volume, owing to Headwaters’ leading position in coal combustion residuals processing and marketing; additional light building products offerings; and, a doubling of roofing and manufactured stone market stakes. In the latter product category, it unites the Cultured Stone and Eldorado Stone brands.
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