Boral
Construction giant flags further price rises amid housing squeeze
Boral chief Vik Bansal reiterated expectations that cost pressures would linger for 12 to 18 months, but price rises wouldn’t be as steep as last financial year.
- by Jessica Yun
Latest
Inflation and cost pressures won’t come down any time soon, Boral says
The construction materials maker is pushing up prices for its key products cement, gravel and asphalt to keep up with its rising expenses.
- by Simon Johanson
Opinion
Ryan Stokes
Stokes picks performance over politically correct with controversial new boss
For most public companies, Vik Bansal would seem cultural kryptonite – but not for the Stokes-controlled Boral. Bansal would be on the “if only” wish list for most boards.
- by Elizabeth Knight
Kerry Stokes scores $2.1 billion payday from Boral
The mining equipment and media magnate is the big winner from Boral’s $3 billion return to investors following the sale of its troubled businesses in the US.
- by Sarah Danckert
Board games: Is a cosy directors’ club a risk to corporate Australia?
A small group of powerful men, and increasingly women, dominate the boards of Australia’s biggest companies. And some fear the group is too small.
- by Anne Hyland
Opinion
Kerry Stokes
Kerry Stokes’ retirement won’t diminish his influence over vast empire
It’s the Claytons resignation that will save him from signing board papers, maybe free up a bit of time, but it won’t signal that he has taken his hands off the rudder.
- by Elizabeth Knight
M&A boom predicted after companies sit on $40 billion cash pile
Ongoing COVID lockdowns are not expected to stop companies opening the purse strings to pursue acquisitions or return cash to investors via buybacks and dividends.
- by Colin Kruger
Ryan Stokes named Boral chair, Seven ups board presence
Seven Group chief executive Ryan Stokes is the new Boral chairman, while the Stokes family investment vehicle has upped its board representation to two after claiming a 70 per cent stake in the company.
- by Alex Druce
Opinion
Mergers & acquisitions
Stokes’ masterstroke gives him the combination to Boral’s cash-stacked safe
The Stokes father-and-son tag team didn’t need this level of ownership to exert control over the building materials company but it’s paid for it anyway.
- by Elizabeth Knight
Stokes’ stake in Boral breezes past key threshold
Billionaire Kerry Stokes’ Seven Group is edging closer to victory over Boral’s management, picking up a 38 per cent stake in the buildings materials supplier.
- by Colin Kruger
Updated
Mergers & acquisitions
Stokes takes Boral to task for selling US business at a loss
Boral largest shareholder and suitor, Kerry Stokes’s Seven Group, says the company’s management should have pushed for a better price for the asset.
- by Colin Kruger