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In April 2011, Seven Media Group was acquired by West Australian Newspapers to create Seven West Media. [14] SGH remains Seven West Media's largest shareholder, with a 40.2% stake. [15] In July 2021, Seven Group Holdings took 70% ownership in construction materials company Boral. [16] It gained full ownership of Boral in July 2024. [17]
In July 2021, Seven gained control of Boral with a 70% shareholding. [14] In February 2024, Seven Group Holdings launched a takeover offer for the remainder of the shares it did not own. [15] It was rejected by Boral's board. [16] After revising the offer, Seven Group Holdings gained full ownership of Boral in July 2024 and the company was ...
The Chairman of Seven West Media is Kerry Stokes AC, who is also chairman of Seven Group Holdings. On 26 June 2012, Seven West Media announced former Nine Network executive David Leckie 's transition from chief executive officer of Seven West Media to a new role as executive director, media for Seven Group Holdings.
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The Australian Competition & Consumer Commission approved the takeover bid placed by News Corp, [3] however, denied the bid placed by Seven Group Holdings. [4] The News Corporation takeover was approved by both the shareholders and the Federal Court, taking effect on 2 November 2012 and this ended the Packer family control of any large media ...
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