New Zealand's Fletcher Building rises on interest for its construction business

Fletcher Building

11/06/2025 03:28

Updates moves, adds ASX shares

** NZ-listed Fletcher Building shares FBU.NZ rise 8.6% to NZ$3.27

** Stock set for its best day since May 23, 2024, if gains hold

** ASX-listed shares of co FBU.AX rise as much as 10.5% to a 3-week high of A$3.095

** The construction materials maker says it received inquiries from parties interested in its businesses, including the construction division

** No decision yet to sell any business

** YTD, FBU's NZ and ASX stocks are up 18%

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))