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SGH Group Bolsters Stake in Boral Limited
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SGH Group Bolsters Stake in Boral Limited

Boral Limited (AU:BLD) has released an update.

Seven Group Holdings Limited (SGH Group) has increased its substantial holding in Boral Limited from 79.32% to 81.14% following the acquisition of shares through a takeover offer. The change occurred on April 18, 2024, and the SGH Group now holds a total of 895,044,715 votes in the company. This strategic move signifies a further consolidation of SGH Group’s influence over Boral Limited.

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

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