Australia's Boral asks shareholders to reject Seven Group's $1.3 bln offer
18/03/2024 21:34
March 19 (Reuters) - Australian building products group maker Boral BLD.AX on Tuesday recommended shareholders to reject diversified investor Seven Group Holdings' SVW.AX buy-out proposal of A$1.9 billion ($1.25 billion) on valuation concerns. ($1 = 1.5253 Australian dollars) (Reporting by Roushni Nair in Bengaluru) ((Roushni.Nair@thomsonreuters.com;))
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