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The latest announcement is out from Fletcher Building Limited ( (FRCEF) ).
Fletcher Building Limited has acknowledged media speculation regarding the potential divestment of its Residential Development business. The company is currently conducting a strategic review of this division, exploring various outcomes, including possible divestment. Discussions with interested parties are ongoing, and Fletcher Building will provide updates to the market and stakeholders as significant developments occur.
More about Fletcher Building Limited
Fletcher Building Limited is a company based in Auckland, New Zealand, operating in the construction and building materials industry. It focuses on providing a range of products and services related to residential and commercial construction, infrastructure, and development projects.
For a thorough assessment of FRCEF stock, go to TipRanks’ Stock Analysis page.