Brief: Seven Group Refers To Target’s Statement By Boral Dated 19 March

Boral

25/03/2024 20:41

March 26 (Reuters) - Seven Group Holdings Ltd  SVW.AX :
    * REFERS TO THE TARGET’S STATEMENT DISCLOSED BY BORAL
LIMITED
DATED 19 MARCH 2024
    * DISAPPOINTED THAT THERE WERE FUNDAMENTAL ERRORS IN
INDEPENDENT
EXPERT REPORT IN BORAL’S TARGET’S STATEMENT DATED 19 MARCH 2024
    * FUNDAMENTAL ERRORS  DIRECTLY AFFECTED VALUATION RANGE AND
INDEPENDENT EXPERT’S CONCLUSION
    * TARGET’S STATEMENT IS UNBALANCED, SELECTIVE  AND RISKS
FUNDAMENTALLY MISLEADING BORAL MINORITY SHAREHOLDERS
    * SGH ENCOURAGES THE SHAREHOLDERS OF BORAL TO ACCEPT THE
OFFER
    * MAXIMUM CONSIDERATION UNDER OFFER IS BEST AND FINAL AND
WILL NOT
BE INCREASED, OTHERS


Further company coverage:  BLD.AX 

 ((Reuters.Briefs@thomsonreuters.com;))