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A parting gift from Boral's Mike Kane?

The drums are beating ever louder about a capital raising at the troubled company.

Simon EvansSenior reporter
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The pugnacious New Yorker Mike Kane has taken Boral shareholders on a volatile and ultimately painful ride over the past eight years and may leave them with an unwanted parting gift as he prepares to bow out in August.

A capital raising is increasingly being talked about among analysts as the troubled company tries to soldier on in ever-worsening conditions.

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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
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    Original URL: https://www.afr.com/rear-window/a-parting-gift-from-boral-s-mike-kane-20200518-p54tyc