Headwaters Inc (HW.N)
23 Feb 2017
* Shareholders of Headwaters approved transaction, with over 98 pct of votes cast in favour of deal Source text for Eikon: Further company coverage:
* Headwaters Incorporated announces results for first quarter of fiscal 2017
* Headwaters Inc - on Jan 5, Boral Ltd voluntarily withdrew premerger notification and report effective at 5:00 pm et on January 6, 2017
SYDNEY Australian brick maker Boral Ltd said it raised A$1.58 billion ($1.2 billion) in shares to help pay for a buyout of U.S. rival Headwaters Inc , sending its stock lower as investors factored in the effects of having more scrip on issue.
SYDNEY Boral Ltd , Australia's biggest supplier of building materials, said it would buy Headwaters Inc for $1.8 billion in cash, doubling its U.S. presence at a time when President-elect Donald Trump plans a huge jump in infrastructure spending.
* Trump plans big push in infrastructure spending (Recasts on equity value of the deal, adds analyst and company comments)
SYDNEY, Nov 21 Australian building materials company Boral Ltd said Monday it agreed to buy U.S. firm Headwaters Inc for $2.6 billion.
BRIEF-Boral to buy Headwaters for for US$24.25 per share in cash, aggr enterprise value of about US$2.6 bln
* Entered into a binding agreement to acquire Headwaters Incorporated for us$24.25 per share in cash
* Says transaction valued at $24.25 per share in cash representing aggregate enterprise value of approximately $2.6 billion
* Headwaters Incorporated announces fourth quarter and fiscal 2016 results