The Kerry Stokes-controlled Seven Group continues to gather more acceptances in its takeover offer for Boral, with its stake now up to 59.2 per cent with a week to go before its $7.40 per share bid closes.
Seven Group lodged a notice with the ASX on Thursday morning outlining that it had lifted its holding from 56.84 per cent to 59.2 per cent.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
