CSR joins James Hardie in cutting deal over leaky NZ schools

CSR joins James Hardie in cutting deal over leaky NZ schools
By Paul McBeth Jan 28 (BusinessDesk) - CSR, the ASX-listed building products maker, has reached a confidential settlement with New Zealand’s Ministry of Education over leaky schools, seeing off the need for legal action. The ministry, which oversees education policy and spending, has discontinued its legal action against CSR Building Products, a local subsidiary of the Australian firm, after settling the claim, Associate Education Minister Nikki Kaye said in a statement. Details of the settlement will remain confidential. The ministry file...