Australia’s Boral Ltd. has acquired all of an Irvine maker of concrete roof tiles. Boral, which makes construction materials, bought 50% of Irvine’s MonierLifetile LLC for a reported $75 million. The ...

The JV is expected to complete by January 2014, and Boral said its net profit after tax for the 2014 fiscal year would be reduced by around A$15 million ($14 million) as a result. The bricks, roof ...