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Stokes outfoxes the Boral board Control of Boral is changing hands without a decent premium thanks to a masterful strategic play by Kerry Stokes, who was up against a board with poor defences. Jul 7, 2021 – 11.22am Share West Australian billionaire Kerry Stokes is in the middle of pulling off the “bargain of the decade” with his purchase of effective control of building and construction products group Boral. That’s the view of Sandon Capital’s Gabriel Radzyminski, who made a handsome profit on his Boral investment as the stock rose from a low of $2 in March last year to $7.39. Radzyminski is one of several shareholders who pushed the Boral board to unlock value and then sold out. Others to do this were John Wylie’s Tanarra Capital and Paul Skamvougeras at Perpetual Investments.

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