Feb 19 (Reuters) - Australian diversified investor Seven Group Holdings (SVW) has made an offer to take full control of building materials maker Boral (BLD) in which it already owns a 71.6% stake.
Under the offer, Seven Group will offer a minimum of A$6.05 per share in cash and scrip to Boral shareholders, valuing the building materials maker at A$6.67 billion ($4.35 billion).
($1 = 1.5321 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))
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News: BLD Australia's Seven Group makes offer to take full control of Boral
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