|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.8400 - 4.8400|
|52 Week Range||1.5000 - 5.5000|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||12.94|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 13, 2020|
|1y Target Est||N/A|
Westlake (WLK) completes the acquisition of Boral's North American building products unit. The move is set to boost the company's portfolio and add to growth parameters.
Diversified Australian investor Seven Group on Tuesday raised its buyout offer for Boral to A$7.40 per share, its latest bid in a near two-month long battle to take full control of the building materials supplier. Seven Group sweetened the offer by 10 cents and called it the "best and final" price, valuing Boral at A$8.75 billion ($6.64 billion). The new offer, however, was swiftly rejected by Boral again, saying it undervalued the company.
Westlake (WLK) announces the takeover of Boral's North American building products business, which is expected to bolster its reach in the regional housing-products market.