News: BLD Seven Group Holdings Announces Offer For Boral

Feb 19 (Reuters) - Boral Ltd (BLD) :

• SGH OFFER FOR BORAL
• SEVEN GROUP OFFER FOR BORAL ANNOUNCEMENT
• HAS TODAY ANNOUNCED A PROPOSAL TO ACQUIRE SHARES IN BORAL LIMITED
• UNDER OFFER, SGH BIDDER 2 WOULD BUY ALL SHARES IT DOES NOT OWN IN BORAL FOR MINIMUM CONSIDERATION OF 0.1116 SGH SHARES
• OFFER CONSIDERATION IS BEST AND FINAL AND WILL NOT BE INCREASED
• OFFER CONSIDERATION WILL BE INCREASED BY A$0.10 IN CASH PER BORAL SHARE IF SGH BIDDER REACHES AGGREGATE INTEREST OF 80% OR MORE
• ALSO CONFIRMS WILL NOT ACQUIRE BORAL SHARES FOR AMOUNT IN EXCESS OF A$6.25 FOR AT LEAST 12 MONTHS
• UNDER OFFER, MINIMUM CONSIDERATION ALSO INCLUDES A$1.50 CASH PER BORAL SHARE