Six months after announcing a potential sale was on the cards, Fletcher Building revealed on Tuesday that a binding agreement had been reached, and its construction division would be sold to French giant Vinci.
The market reaction was generally positive -- for years the construction division had been problematic for Fletcher Building, and the source of some high-profile cost blowouts and delays.
Fletcher Building is set to
Continue Reading on RNZ
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.