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Fletcher sells Formica for $1.2b

Dividends to restart at half year result

Tue, 18 Dec 2018

Fletcher Building has announced the sale of its Formica business for $US840 million ($1.23 billion) to Dutch conglomerate Broadview Holding.

Fletcher chief executive Ross Taylor said the sale completed the company’s strategy to exit non-core businesses.

“We are pleased to have signed the

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Fletcher sells Formica for $1.2b
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