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AUSTRALIA'S RINKER SELLS US CONCRETE BUSINESS.

Publication: AsiaPulse News
Publication Date: 31-DEC-04
Format: Online - approximately 244 words
Delivery: Immediate Online Access

Article Excerpt
SYDNEY, Dec 31 Asia Pulse - Building and construction materials company Rinker Group Ltd (ASX:RIN) has sold its US prestress concrete manufacturing business below its book value.

Rinker today said it had offloaded the business to Coreslab Structures for cash proceeds, including including working capital, of around US$45 million....

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