Boral tipped to sell Adelaide Brighton stake

Boral tipped to sell Adelaide Brighton stake
Published: 02 July 2008

Building products group Boral Ltd is tipped to sell down its A$400m, 19.9% stake in cement maker Adelaide Brighton Ltd, The Australian Financial Review reports Wednesday.
 
Without citing its sources, the newspaper’s Street Talk column says the company is under pressure to raise some cash, with an equity raising considered the less palatable option.