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The Australian Competition and Consumer Commission conditionally approved Knauf's proposed acquisitions of USG Corporation and Armstrong World Industries, requiring Knauf to divest USG's interest in a joint venture with Boral.
Armstrong World Industries entered into a Share Purchase Agreement to sell its EMEA and Pacific Rim businesses to Knauf International GmbH for an enterprise value of $330 million.
Armstrong World Industries was selected to provide ceiling material for the East Side Access project in Manhattan, New York, a major infrastructure project by the MTA.