bullish

Boral Ltd

Boral Backs Seven's "Enhanced" Offer

589 Views12 Apr 2024 08:44
You now have cleaner arb with a gross spread of ~2.3%. Be short Seven, long Boral.  Don't tender until after the 18 April record date. Participate in the on-maket buyback, where possible.
What is covered in the Full Insight:
  • Boral's Acceptance of Enhanced Offer
  • Conclusions & Terms of Offer
  • Details of Dividends and Buyback
  • Information on Boral Ltd
  • Background and Timeline of Seven's Offers
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