Chanticleer
Seven’s Boral sweetener lets everyone claim victory
A new dividend and some peacemaking by Ryan Stokes has sealed Seven’s takeover of Boral.
Updated
The battle for Boral started with carrots and sticks, and that’s exactly how it ended.
Boral’s independent directors have agreed to recommend Seven Group’s cash and scrip bid for the company after a week of negotiations that squeezed a bit more cash and a generally better deal out of Seven.
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