Fletcher: good news at last
Market welcomes $1.2b Formica sale.
Tim Hunter
Tue, 18 Dec 2018
Shares in Fletcher Building rose as much as 7% in early trading as investors celebrated the announcement it had sold its Formica business for $US840 million ($1.23 billion) to Dutch conglomerate Broadview Holding.
Paul Glass, executive chairman of fund manager Devon Funds, said the Formica deal
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Tim Hunter
Tue, 18 Dec 2018
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