Little to show for Fletcher if Formica sells
Fletcher's focus on Australasia goes some way to streamlining the group.
Fletcher Building may get about $1 billion from selling Formica, maybe a little more, maybe a little less, but it’s unlikely to get more than $100 million from selling Roof Tiles Group.
The two assets were earmarked for sale when Fletcher unveiled its $750m rights issue as part of the measures
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Jenny Ruth
Fri, 20 Apr 2018
Fri, 20 Apr 2018
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Little to show for Fletcher if Formica sells
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