Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Search
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)
Hang Seng
17,575.52
(-0.34%)
Dow Jones
40,415.44
(0.32%)
Nikkei 225
39,707.92
(0.28%)
FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
67,675.89
(-1.09%)
Oil
79.95
(0.21%)
Gold
2,403.00
(0.35%)
Lithium
41.42
(1.37%)
Iron Ore
102.55
(-0.9%)

Seven Group Holdings (ASX: $SVW) proposes acquisition of Boral shares

Seven Group Holdings' Proposal to Acquire Boral Shares


Seven Group Holdings Limited (ASX: $SVW, SGH) has announced a proposal to acquire the shares in Boral Limited (Boral) that it doesn't currently own. SGH currently holds a 71.6% controlling interest in Boral. Under the Offer, SGH Bidder, a wholly owned subsidiary of SGH, would acquire all the shares it does not own in Boral for minimum consideration of 0.1116 SGH shares and $1.50 cash per Boral Share.

Executive Commentary on the Acquisition Proposal


Today's announcement represents an exciting opportunity to integrate Boral into SGH's leading Industrial Services portfolio. The transaction has a compelling rationale for SGH, and for Boral's shareholders, who would become SGH shareholders as part of the transaction and continue to benefit from the operational improvement journey underway at Boral. The terms of the Offer reflect our disciplined approach to capital allocation, and we will retain a strong balance sheet position post-transaction. The integration of Boral as a 100% owned business is a natural evolution for SGH, supporting our position as a leading ASX industrial business. The integration is expected to support and accelerate the delivery of the current Good to Great performance journey.

Summary of Seven Group Holdings' Acquisition Proposal


Seven Group Holdings Limited (ASX: $SVW, SGH) has proposed to acquire the shares in Boral Limited (Boral) that it doesn't currently own. The Offer includes a minimum consideration of 0.1116 SGH shares and $1.50 cash per Boral Share, with the potential for increased cash consideration based on certain conditions. The proposal aims to integrate Boral into SGH's leading Industrial Services portfolio, driving an acceleration of Boral's performance journey and long-term growth. SGH believes this proposal is in the interests of Boral shareholders and outlines its intentions should it not be successful in acquiring 100% of Boral. The Offer is not subject to any minimum acceptance condition and is conditional upon the customary condition of no prescribed occurrences in relation to Boral.

Share to Social
0 Comments
Inline Feedbacks
View all comments

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions