More asset sales on the table for Fletcher Building

If the market changes, or there is an owner somewhere who will pay us a better multiple, we are not wedded to that asset – Mark Adamson.

Sally Lindsay
Wed, 19 Aug 2015

Fletcher Building [NZX: FBU] is planning on selling more assets as it actively manages its portfolio of businesses to lift profit year on year.

The company conditionally agreed today to sell Rocla Quarry Products to Hanson Construction Materials for $A203 million, expecting a pre-tax gain of about

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