|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.24 - 21.24|
|52 Week Range||12.64 - 21.60|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||N/A|
Diversified Australian investor Seven Group on Tuesday raised its buyout offer for Boral to A$7.40 per share, its latest bid in a near two-month long battle to take full control of the building materials supplier. Seven Group sweetened the offer by 10 cents and called it the "best and final" price, valuing Boral at A$8.75 billion ($6.64 billion). The new offer, however, was swiftly rejected by Boral again, saying it undervalued the company.
Westlake (WLK) announces the takeover of Boral's North American building products business, which is expected to bolster its reach in the regional housing-products market.
Basic chemicals, vinyls, polymers, and building products manufacturer Westlake Chemical Corporation (WLK) has agreed to acquire Boral Limited’s (BOALF) North American building products businesses in a $2.15 billion cash deal. The acquisition is expected to close in H2 2021. The acquisition includes Boral’s roofing, decorative stone, and windows products businesses and almost doubles the size of Westlake’s building products business. Westlake President and CEO Albert Chao said, “The combination o