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