Boral Limited (AU:BLD) has released an update.
Seven Group Holdings Limited (SGH) has reached a significant milestone by securing a 79.32% interest in Boral Limited, a major player in Australia’s construction materials sector. This follows SGH’s acceptance of all shares previously under the Acceptance Facility into their Offer, as detailed in their recent communication to Boral’s Directors. The move consolidates SGH’s market-leading position in industrial services and reflects its diverse interests, spanning from energy to media.
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