A workman watches as his truck, which is adorned with the logo of Boral Ltd, Australia’s biggest supplier of construction materials and building products, is loaded with cement in Sydney, Australia, November 23, 2016. Picture taken November 23, 2016. REUTERS/David Gray – S1AEUOPAXLAA
HONG KONG, June 21 (Reuters Breakingviews) – Aussie building-materials maker Boral (BLD.AX) has just made its best case for shareholders to hold off selling stock to Seven Group – by offloading much of its U.S. business. Billionaire Kerry Stokes’ conglomerate last month made a $6 billion nil-premium offer …