Seven Group Holdings Limited (AU:SVW) has released an update.
Seven Group Holdings Limited (SGH) has achieved full ownership of Boral Limited, with its voting power reaching 100% after acquiring additional shares through a compulsory acquisition process. This move finalizes SGH’s takeover offer for Boral initiated on February 19, 2024, and sees SGH controlling all voting shares in the company. SGH’s acquisition demonstrates a significant consolidation in the industry and reflects its strategic growth ambitions.
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