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News: BLD Boral Says Recommended No Action To SGH Takeover Offer

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    19/02/24
    12:30
    Post #: 72482513

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

    • RECOMMENDS TAKE NO ACTION TO SGH TAKEOVER OFFER
    • RECOMMENDS TAKE NO ACTION TO SGH TAKEOVER OFFER
    • NOTES ANNOUNCEMENT BY SEVEN GROUP ON INTENTION TO MAKE Off-MARKET TAKEOVER OffER OF 0.1116 SGH SHARES & A$1.50 CASH FOR EACH BORAL SHARE
    • THE IBC IS CURRENTLY CONSIDERING THE SGH OFFER
    • BOARD COMMITTEE OF BORAL'S INDEPENDENT DIRECTORS HAS BEEN ESTABLISHED IN ORDER FOR BORAL TO RESPOND TO SEVEN GROUP'S OFFER
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