Boral bristles for round two with formidable Stokes
Ryan Stokes wants to add the cement maker to his trophy cabinet. Will he and father Kerry get what they want, again? History says they’re hard to beat.
Ryan Stokes has to put a few noses out of joint if he is to buy cement maker Boral.
The overwhelming feeling among Boral’s bigger institutional shareholders is that Stokes’ offer is cheap, opportunistic and another potentially great deal for Stokes and his Seven Group – he has a trophy cabinet full of them.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
