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Australia’s Boral states Seven Group’s offer nearly 40% under expert’s evaluation

Article content Australia’s Boral Ltd said on Thursday an independent expert’s estimate valued its shares as much as 40% higher than suitor Seven Group Holdings Ltd’s off-market takeover bid price, and asked shareholders to reject the offer. Seven, whose interests range from industrial services to media companies, had offered in May to buy all the…

Article material Australia’s Boral Ltd said on Thursday an independent expert’s estimate appreciated its shares as far as 40percent higher than suitor Seven Group Holdings Ltd’s off-market takeover bid cost, and asked investors to reject the deal. Seven, whose interests vary from industrial solutions to media companies, had offered in May to purchase each of the […]
The article Australia’s Boral says Seven Group’s offer nearly 40% under expert’s evaluation appeared first on Up News Info.
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