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Seven Group pounces with $8 billion bid for Boral

Seven Group pounces with $8 billion bid for Boral We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Billionaire Kerry Stokes industrial conglomerate Seven Group Holdings has launched an ambitious takeover offer for Boral that values Australia’s largest listed supplier of building products at $8 billion. Seven Group made the offer for the shares in Boral it does not already own on Monday evening after market close. Seven already holds a 23.2 per cent stake in the group. Seven Group chief executive Ryan Stokes will reduce his duties on Boral’s board while the offer is open.

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