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Farewell Boral

Farewell Boral

再见 Boral
sharecafe ·  04/12 02:43

It's goodbye, Boral (ASX:BLD), as the company's briefly rebellious independent directors accept a remade offer from Seven Group Holdings, the largest shareholder. Boral's independent directors had rejected the complex Seven Group (ASX:SVW) offer, holding out for more money and using an independent expert's report to justify their stance.

再见了,Boral(澳大利亚证券交易所股票代码:BLD),因为该公司短暂叛逆的独立董事接受了最大股东七集团控股公司的重新提议。Boral的独立董事拒绝了Seven Group(澳大利亚证券交易所股票代码:SVW)的复杂提议,他们坚持要更多资金,并利用独立专家的报告来证明自己的立场。

On Friday, their resistance worked, and the Stokes-controlled company came up with a few tweaks to put more money on the table. In fact, the deal was brokered in talks between Seven Group and Boral, which saw both companies give a bonus to shareholders.

周五,他们的抵制起了作用,这家由斯托克斯控制的公司想出了一些调整措施,以投入更多资金。实际上,这笔交易是在Seven Group和Boral的谈判中促成的,两家公司都向股东发放了奖金。

Boral will pay a fully franked dividend of 26¢ a share on April 26, while Seven has announced it will pay a special one-off dividend of 30¢ a share once the offer closes, providing extra incentive for Boral shareholders to accept the cash-and-scrip offer.

Boral将于4月26日支付每股26美分的全额股息,而Seven宣布将在要约完成后支付每股30美分的特别一次性股息,这为Boral股东接受现金和股票报价提供了额外的激励。

As well, there are a couple of smaller changes - after agreement with the independent directors, SGH said "the Maximum Consideration in its offer of 0.1116 SGH Shares and $1.70 cash will now be paid to all Boral shareholders who accept the Offer (including those who have already done so)." And Seven said that in calculating the scrip consideration to be issued to Boral Shareholders, "SGH has agreed to round to the nearest whole number of SGH shares (either up or down), subject to customary protections against splitting shareholdings."

此外,还有一些较小的变化——在与独立董事达成协议后,SGH表示:“其0.1116股SGH股票和1.70美元现金要约的最高对价现在将支付给所有接受该要约的Boral股东(包括已经这样做的股东)。”Seven表示,在计算向Boral股东发行的股票对价时,“SGH已同意四舍五入到最接近的SGH股票整数(向上或向下),但须遵守防止拆分股权的惯例保护。”

Seven Group said on Friday that it now had control of 78.79% of Boral. As AFL commentators scream at the end of a game - 'It's all over, Red Rover' - and Seven Group will now wrap up the outstanding shares in Boral.

七集团周五表示,它现在控制了Boral78.79%的股份。正如美国橄榄球联盟评论员在比赛结束时尖叫的那样—— “一切都结束了,红流浪者” ——Seven Group现在将收盘Boral的已发行股份。

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