Seven Group Holdings Adjusts Boral Stake

Seven Group Holdings Limited (AU:SVW) has released an update.

Seven Group Holdings Limited (SGH) has reported a change in its substantial holding in Boral Limited, with its voting power decreasing from 96.26% to 91.77% due to recent transactions including acquisitions and disposals of shares. The adjustments follow the acceptance of a takeover offer and the exchange of exchangeable notes due in 2027. SGH maintains a significant influence in Boral, yet this shift marks a notable adjustment in its investment profile.

For further insights into AU:SVW stock, check out TipRanks’ Stock Analysis page.

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