Boral Limited (AU:BLD) has released an update.
Seven Group Holdings Limited (SGH) has announced an off-market takeover bid for Boral Limited, with Boral’s Bid Response Committee recommending shareholders to accept the offer. The offer includes a mix of SGH shares and cash, with additional incentives like a fully-franked dividend from SGH post-acquisition. Boral shareholders are urged to act promptly as the offer has been declared best and final, with an extended deadline.
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