Business
Jarden Australia to add cement to Boral Ltd defence – The Australian Financial Review
Investment bank Jarden Australia is expected to be tapped to defend building materials group Boral Ltd.
Investment bank Jarden Australia is expected to be tapped to defend building materials group Boral Ltd.
While Borals yet to formally sign a mandate, sources said Jarden was well placed and likely to be appointed in coming days.
Street Talk. Bloomberg
The expected appointment comes after Boral Ltd received a $6.50 a share off-market takeover bid from Kerry Stokes Seven Group Holdings, which is also its biggest shareholder with a 23 per cent stake.
Boral received the bid on Monday night and rejected…
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