April 12 (Reuters) - Australia's Boral (BLD) recommended its shareholders on Friday to accept a takeover offer from its largest shareholder Seven Group Holdings (SVW) , after negotiating an increase in the cash component of the deal.
The deal consideration now comprises 0.1116 Seven Group shares and maximum A$1.70 per share in cash, higher than the earlier offer which had a cash component of A$1.50 apiece.
