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SGH Boosts Stake in Boral Limited to 95.08%

SGH Boosts Stake in Boral Limited to 95.08%

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

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Seven Group Holdings Limited (SGH) has increased its voting power in Boral Limited from 94% to 95.08% following a takeover offer. The change occurred on June 28, 2024, with SGH acquiring an additional 11,655,910 ordinary shares. SGH’s control over Boral is now solidified, reflecting a significant shift in the company’s share distribution.

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

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