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Banks and materials stocks lift ASX to 0 5pc gain

Australian shares rose 32.7 points to 7308; IPO for Geoff Wilson’s latest LIC delayed; Seven raises Boral takeover bid. Follow the latest here.

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Seven Group raises takeover bid for Boral

Boral’s board has rejected a revised, “highly conditional” offer from the Seven Group, which on Friday raised its bid for the building materials group.

Janie barrettKerry seven groupSeven groupKerry stokes controlled seven groupஜானி பாரெட்கெர்ரி ஏழு குழுஏழு குழுகெர்ரி ஸ்டோக்ஸ் கட்டுப்படுத்தப்படுகிறது ஏழு குழு

Seven Group extends Boral takeover offer

Seven Group extends Boral takeover offer
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Zlatko todorcevskiKerry seven groupKerry stokes controlled seven groupSeven groupகெர்ரி ஏழு குழுகெர்ரி ஸ்டோக்ஸ் கட்டுப்படுத்தப்படுகிறது ஏழு குழுஏழு குழு

Australia s Boral says Seven Group s offer nearly 40% below expert s valuation

Australia's Boral Ltd said on Thursday an independent expert's estimate valued its shares as much as 40% higher than suitor Seven Group Holdings Ltd's off-market takeover bid price, and asked shareholders to reject the offer.

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ASX 200 index tops 7300 to close at record high, buoyed by tech

The Australian sharemarket closed at a record high on Thursday, with strong real estate and tech stock gains offsetting a fall in the energy and travel sectors.

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