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FBU Fletcher Building News Story

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Brief: Fletcher Building To Sell Fletcher Reinforcing And Wire For NZ$15.7 Mln

April 28 (Reuters) - Fletcher Building Ltd FBU.NZ:

FLETCHER BUILDING SALE OF FLETCHER REINFORCING AND WIRE

TO SELL FLETCHER REINFORCING AND WIRE TO UNITED INDUSTRIES FOR NZ$15.7 MILLION

EXPECTS LOSS ON SALE OF NZ$20 MILLION TO NZ$23 MILLION

DEAL EXPECTED TO CLOSE BEFORE END OF 2026

SALE SUBJECT TO NEW ZEALAND COMMERCE COMMISSION APPROVAL AND THIRD-PARTY CONSENTS

Further company coverage: FBU.NZ

 ((Reuters.Briefs@thomsonreuters.com;))

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