‘Neither fair nor reasonable’: Boral recommends rejection of SGH takeover bid
Boral is an Australian construction materials provider. Image: Boral Boral has recommended that shareholders reject Seven Group Holdings’ takeover offer after an independent assessment found it “neither fair nor reasonable” and undervalues the construction material provider. Last month, SGH launched a billion-dollar bid for the remaining Boral shares which it doesn’t own in its majority …
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