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Seven Group Holdings Ups Stake in Boral Limited
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Seven Group Holdings Ups Stake in Boral Limited

Seven Group Holdings Limited (AU:SVW) has released an update.

Seven Group Holdings Limited (SGH) and its subsidiaries have reported an increase in their voting power in Boral Limited, rising from 79.32% to 81.14% following the acquisition of additional shares. This change occurred as a result of acceptances of a takeover offer made by Network Investment Holdings Pty Limited, a member of the SGH Group. The updated shareholding now includes a relevant interest in over 895 million fully paid ordinary shares.

For further insights into AU:SVW stock, check out TipRanks’ Stock Analysis page.

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