Seven Group Holdings Limited (AU:SVW) has released an update.
Seven Group Holdings Limited (SGH) has reported an increase in their substantial holding in Boral Limited, with their voting power rising from 92.90% to 94.00% following recent acquisitions of shares. These changes occurred through a series of transactions including a takeover offer and a swap settlement, which led to an alteration in the nature of SGH’s relevant interest in Boral. SGH’s increased stake signifies a strengthened control over the company, reflecting strategic movements in their investment portfolio.
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