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Brickworks Ltd. announced it will transfer 15 manufacturing plants tenanted by its Australian building products business to a new manufacturing trust, the Brickworks Manufacturing Trust, in a joint venture with Goodman Group. Brickworks will own 51.1% and Goodman the remainder, with assets valued at A$416 million.
“Brickworks said that 15 manufacturing plants tenanted by its Australian building products will be transferred to a new manufacturing trust.”br.advfn.com
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