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Stokes’ vision for Seven’s Boral comes to life

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Kerry Stokes-controlled Seven Group has signalled its interest in making a big acquisition in the infrastructure and construction sector after spending $1.9 billion to buy-out cement and asphalt group Boral.

Chief executive Ryan Stokes said Seven was interested in the BGC cement division and associated assets that are part of the business empire left behind by the late West Australian entrepreneur Len Buckeridge.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/stokes-vision-for-seven-s-boral-comes-to-life-20240814-p5k28q