BlueScope Steel has secured a pivotal advantage in the sale of Whyalla Steelworks, gaining a “right-of-last-offer” provision that gives it the opportunity to beat any final offers to acquire the facility, as The Australian Financial Review reports. The administrators have granted the ASX-listed company the ability to form a consortium with other interested parties and…
Boral has announced the completed acquisition of the recently-built Wallan Concrete plant, which the company says provides extra capacity to serve customers in the growth corridor of Melbourne’s outer north. In a statement on Thursday, the subsidiary of Seven Group Holdings said the plant – which operates six days a week and is located 45…
Seven Group Holdings (SGH) has made a $1.2 billion offer to move to full ownership of building products group Boral, adding to the Perth company’s diverse group of media and industrial companies. SGH currently holds 71.6 percent of Boral, with the offer pitched at 0.1116 SGH shares and $1.50 cash per Boral share – an…