New Zealand's Fletcher Building inks $182 million deal to sell construction arm
Jan 20 (Reuters) - New Zealand's Fletcher Building FBU.NZ said on Tuesday it signed a deal to sell its construction division to VINCI Construction for NZ$315.6 million ($182.76 million). ($1 = 1.7268 New Zealand dollars) (Reporting by Shruti Agarwal in Bengaluru; Editing by Nia Williams) ((Shruti.Agarwal@thomsonreuters.com;))
Recent news on Fletcher Building
See all newsBrief: Fletcher Building Says Moody's Confirmed That It Withdrew Its Credit Rating
Fletcher Building shares hit near three-month high; Jefferies reinstates buy rating
Jefferies reinstates 'buy' on NZ's Fletcher Building; says earnings 'unappreciated'
Brief: Fletcher Building Announces Trading Update For June 2026
Fletcher Building flags FY27 cost pressure risks, moves to withdraw Moody’s rating (updated)