Seven Group Holdings Limited (AU:SVW) has released an update.
Seven Group Holdings Limited (SGH) has reported an increase in its voting power in Boral Limited from 89.98% to 91.50%, following recent share acquisitions and disposals. The changes, which occurred around May 30, 2024, are associated with acceptances of a takeover offer by Network Investment and the exchange of exchangeable notes. SGH now holds a substantial interest in Boral shares, with various entities under its control also having a significant stake.
For further insights into AU:SVW stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
