Previous close | 6.10 |
Open | 6.10 |
Bid | 6.11 x 0 |
Ask | 6.13 x 0 |
Day's range | 6.08 - 6.15 |
52-week range | 3.50 - 6.34 |
Volume | |
Avg. volume | 2,138,062 |
Market cap | 6.751B |
Beta (5Y monthly) | 1.34 |
PE ratio (TTM) | 32.21 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 04 Feb 2022 |
1y target est | N/A |
(Reuters) -Australia's Boral on Tuesday recommended investors reject its largest shareholder Seven Group Holdings' A$1.9 billion ($1.25 billion) offer for the company claiming it undervalues the building products group. Seven Group, controlled by billionaire Kerry Stokes and his family, already owns nearly 72% of Boral and had launched a bid last month to acquire full control of Boral. The proposal of a minimum of A$6.05 per Boral share consists of 0.1116 Seven Group shares and A$1.50 cash.
Key Insights Boral's significant public companies ownership suggests that the key decisions are influenced by...
(Reuters) -Australian diversified investor Seven Group Holdings has offered A$1.9 billion ($1.24 billion) to take full control of building products group maker Boral in a bet Australia's infrastructure spending boom will be maintained in coming years. Seven Group, headed by billionaire Kerry Stokes and his family, already owns nearly 72% of Boral, and the bid launched on Monday is designed to mop up the rest of the company. The bid of a minimum of A$6.05 per Boral share consists of 0.1116 Seven Group shares and A$1.50 cash.