Boral Limited (AU:BLD) has released an update.
Seven Group Holdings Limited (SGH) has increased its stake in Boral Limited to 77.91%, as detailed in a recent ASIC Form 604. The increase follows acceptance instructions and relevant interests under the Corporations Act, moving closer to the 80% threshold required for a significant change in control. The notice also outlines potential withdrawal conditions and further details in the Second Supplementary Bidder’s Statement.
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