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Boral flips on Seven’s takeover offer

Independent directors and experts Grant Samuels have both changed their views and believe Seven’s amended offer is now reasonable.

Independent expert believes Seven’s amended offer is now reasonable.

Dan Purves Fri, 12 Apr 2024

The independent directors of ASX-listed concrete company Boral have flipped their advice and now recommend that minority shareholders accept Seven Group Holding’s takeover bid for the whole company.

Seven – which is controlled by billionaire Kerry Stokes and his family – launched its takeover

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Dan Purves Fri, 12 Apr 2024
Contact the Writer: dpurves@nbr.co.nz
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Boral flips on Seven’s takeover offer
Investment,
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