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The mark of approval will provide Boral customers confidence that what they are buying is authentic, premium-quality and meets the requirements of the demanding Australian standards.
The independent directors of the cement group are now recommending shareholders accept the revamped $1.9 billion bid, with one-off dividends attached.
A new dividend and some peacemaking by Ryan Stokes has sealed Seven’s takeover of Boral.
Seven Group, controlled by billionaire Kerry Stokes, has stepped up the pressure in its push to buy out the rest of cement and asphalt group Boral.
The RBA will struggle to get inflation back to the middle of its target range as long as the costs of renting and building a new home increase at rapid rates.