Brief: Fletcher Building Says Australian Division Will Be Disestablished As A Standalone Division
May 16 (Reuters) - Fletcher Building Ltd FBU.NZ: AUSTRALIAN DIVISION WILL BE DISESTABLISHED AS A STANDALONE DIVISION GARETH O'REILLY, CHIEF EXECUTIVE OF FORMER AUSTRALIAN DIVISION, WILL LEAVE COMPANY FURTHER REVIEW OF CORPORATE STRUCTURE ANTICIPATED TO DELIVER NZ$15 MILLION ANNUALISED SAVINGS IN STRUCTURAL COSTS IN SHORT TERM Further company coverage: FBU.NZ ((Reuters.Briefs@thomsonreuters.com;))
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