Brief: Seven Group Holdings Announces Offer For Boral

Boral

18/02/2024 21:31

Feb 19 (Reuters) - Boral Ltd  BLD.AX :
    * SGH OFFER FOR BORAL
    * SEVEN GROUP OFFER FOR BORAL ANNOUNCEMENT
    * HAS TODAY ANNOUNCED A PROPOSAL TO ACQUIRE SHARES IN BORAL
LIMITED
    * UNDER OFFER, SGH BIDDER 2 WOULD BUY ALL SHARES IT DOES NOT
OWN
IN BORAL FOR MINIMUM CONSIDERATION OF 0.1116 SGH SHARES
    * OFFER CONSIDERATION IS BEST AND FINAL AND WILL NOT BE
INCREASED
    * OFFER CONSIDERATION WILL BE INCREASED BY A$0.10 IN CASH
PER
BORAL SHARE IF SGH BIDDER REACHES AGGREGATE INTEREST OF 80% OR
MORE
    * ALSO CONFIRMS WILL NOT ACQUIRE BORAL SHARES FOR AMOUNT IN
EXCESS
OF A$6.25 FOR AT LEAST 12 MONTHS
    * UNDER OFFER, MINIMUM CONSIDERATION ALSO INCLUDES A$1.50
CASH PER
BORAL SHARE

Source text for Eikon:  ID:nASXQygFt 
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