Boral
Updated
World markets
ASX slides despite Wall Street rebound
Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower, despite a US equities rebound overnight following its steep sell-off.
- by Millie Muroi
Latest
Billionaire Stokes family wins support for takeover of Australia’s largest concrete maker
Boral’s independent directors have caved in to Seven Group’s hardball takeover bid.
- by Simon Johanson
Opinion
Mergers & acquisitions
How three Boral directors gave Kerry Stokes the finger
In a gutsy move, three directors of the Boral board not aligned with Seven Group have moved against Kerry Stokes’ plan to acquire the rest of the company.
- by Elizabeth Knight
Updated
Mergers & acquisitions
‘Not fair and not reasonable’: Boral rejects Seven’s takeover offer
Boral has rejected the takeover offer by Kerry Stokes’ Seven Group, claiming the $6.9 billion deal undervalued the company.
- by Simon Johanson
Industrial giants turn to property for new income streams
Building materials giant Boral is the latest big industrial player to join forces with a property developer to make money from its extensive property holdings.
- by Nicole Lindsay
Updated
Mergers & acquisitions
Kerry Stokes’ Seven launches billion-dollar bid for concrete maker Boral
The billionaire and his family want to buy the remaining share of the building materials company not already owned by Seven Group.
- by Simon Johanson
Battle building between billionaire brickmakers, with dispute set for trial
Australia’s largest brick company Brickworks is seeking to force the billionaire Buckeridge family’s construction empire to divest a subsidiary over competition concerns.
- by Sarah Danckert
Quarries and concrete boost Boral’s bullish outlook for construction
Building materials boss Vik Bansal has provided a bullish outlook for Australia’s construction sector, as investors sent Boral’s share price sharply higher.
- by Simon Johanson
Cement maker stops work as electricity prices surge
Surging electricity prices and Australia’s patchy energy transition are prompting the country’s biggest cement, concrete and asphalt producer to temporarily halt manufacturing each day.
- by Simon Johanson
Updated
World markets
ASX slides to kick off September; Fortescue dives
The Australian sharemarket started the month in the red weighed down by healthcare companies, utilities and another senior executive walk out at Fortescue.
- by Millie Muroi
Boards wary about splashing dividend cash as growth slows
Boards are taking a cautious stance on lifting dividends as businesses face rising costs and an economy that is slowing because of steep interest rate rises.
- by Clancy Yeates
Original URL: https://www.watoday.com.au/topic/bld-af