SGH Boosts Stake in Boral Limited to 95.08%
Company Announcements

SGH Boosts Stake in Boral Limited to 95.08%

Seven Group Holdings Limited (AU:SVW) has released an update.

Seven Group Holdings Limited (SGH) has increased its voting power in Boral Limited from 94% to 95.08% following a takeover offer. The change occurred on June 28, 2024, with SGH acquiring an additional 11,655,910 ordinary shares. SGH’s control over Boral is now solidified, reflecting a significant shift in the company’s share distribution.

For further insights into AU:SVW stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskSeven Group Finalizes Takeover, Reveals Top Shareholders
TipRanks Australian Auto-Generated NewsdeskSeven Group Issues New Employee Share Rights
TipRanks Australian Auto-Generated NewsdeskSeven Group Director’s Shareholdings Altered
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!