NZ's Fletcher Building rises on divestment plans for construction segment
22/07/2025 24:16
** Shares of Fletcher Building FBU.NZ up 1.64% at NZ$3.10 ** Earlier in the day, the stock rose as much as 2.3% to NZ$3.12, its highest level since June 23 ** The construction materials maker says it is exploring divestment options for its construction division and its Higgins, Brian Perry Civil and Fletcher Construction Major Projects business units ** Says no decision yet to sell at this time ** Stock is up 8.8% YTD, including the session's moves (Reporting by Anjali Singh in Bengaluru) ((anjali.singh2@thomsonreuters.com;))
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