Stay updated with breaking news from Rob Sindel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The independent directors of the cement group are now recommending shareholders accept the revamped $1.9 billion bid, with one-off dividends attached.
The French giant’s $4.3b takeover of the building products group, pivotal to Australia’s industrial development, isn’t without thorny issues.
It’s the biggest equity raising from an ASX-listed company to fund M&A since Atlas Arteria raised $3 billion last year to buy a stake in Chicago Skyway.
The firm has been caught studying a big offshore acquisition, and investors are trying to join the dots - but there’s a vacuum of information.
Prominent Perth-based director and former WA Treasurer Ben Wyatt predicts many Australian companies will eventually publicly back the Indigenous referendum.