Street Talk

Boral target statement on its way; fundies start to sell

Sarah Thompson, Kanika Sood and Emma Rapaport

Mar 17, 2024 – 3.38pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

Boral’s shareholders are not waiting around for its board to dispatch the target statement on Seven Group Holdings’ takeover offer, selling into the rally for a quick payday.

Ryan Stokes is chairman of Boral. Nick Moir

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com