Boral Takeover

Hi Paul,

These takeovers can give us headaches at times! Seven have sweetened the deal this month for Boral (BLD) shareholders, and you are indeed on the correct path:

This value receivable by Boral Shareholders who accept the Seven Group Holdings (SGH) Offer taking into account the new package of measures would be comprised of the following three points:

• the SGH Offer Consideration. This comprises 0.1116 SGH Shares per Boral Share and $1.70 in cash per Boral Share or, after adjusting for the Boral Dividend, $1.44 in cash per
  Boral Share. After adjusting for the Boral Dividend, this equates to a value of $5.90 to $6.13 per Boral Share based on a SGH price range of $40.00 to 42.00 per share; Plus
• the Boral Dividend of 26 cents cash per share and, for shareholders who are able to obtain the benefit of them, 11.1 cents of franking credits attached to the Boral Dividend;
• Plus the SGH Dividend of 30 cents per share, which is equivalent to approximately 3.3 cents cash per Boral Share. The franking credits attached to the SGH Dividend are approximately 1.4 cents per Boral Share.

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Boral Ltd (BLD)

LAST UPDATED 18/04/2024 16:19

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chart

Boral Ltd (BLD)

LAST UPDATED 18/04/2024 16:19