Boral Limited (AU:BLD) has released an update.
Boral Limited has announced that Seven Group Holdings Limited and its subsidiaries, collectively known as the SGH Group, have increased their voting power in Boral from 92.90% to 94.00%. This change occurred through a series of transactions, including acceptances of a takeover offer and settlements of a Swap. These developments are crucial for Boral shareholders and potential investors as they reflect a significant change in the company’s ownership structure.
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