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Fulton Hogan taps investors for $86m – Shell stake valued

Local infrastructure giant Fulton Hogan is to pay Shell New Zealand $472 million for its 37% shareholding, in a deal spread over four and a half years that values the firm at $1.18 billion.

Fulton Hogan has gone to its 2000 shareholders for a one-for

Duncan Bridgeman
Tue, 11 May 2010

Local infrastructure giant Fulton Hogan is to pay Shell New Zealand $472 million for its 37% shareholding, in a deal spread over four and a half years that values the firm at $1.18 billion.

Fulton Hogan has gone to its 2000 shareholders for a one-for-12 rights issue to help fund the share

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Duncan Bridgeman
Tue, 11 May 2010
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Fulton Hogan taps investors for $86m – Shell stake valued
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