Building products company CSR Ltd
(ASX:CSR) has completed the sale of its sugar business, Sucrogen, to Singapore-based agribusiness Wilmar International for $1.8 billion.
CSR says it will return $800 million from the sale to shareholders in a fully franked special dividend of 52.7 cents a share.
CSR had been working to split its sugar and building businesses for some time.
For the half year ended 30 September 2010, CSR reported a net profit of $74 million.
