trending Market Intelligence /marketintelligence/en/news-insights/trending/9Pe4eLn91_LC1rev68XRJw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lone Star Funds mulls acquisition of Australian building materials company

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go


Lone Star Funds mulls acquisition of Australian building materials company

U.S. private equity firm Lone Star Funds may acquire Australian building materials provider Boral Ltd. over the next year in a transaction that could be valued at A$6 billion, The Australian reported.

It comes as some expect Boral Managing Director Mike Kane to leave the company soon to return to the U.S., according to the Oct. 16 report, which added that the company's share price was trading at a five-year low.

Some anticipate a break-up of the business if it does come under private equity ownership, but a challenge for the potential buyer will be Boral's A$2.19 billion debt pile compared to a A$5.53 billion market value. Some say the company needs to raise at least A$500 million of equity, the report said.