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Fletcher Building Limited ( (FRCEF) ) has shared an announcement.
Fletcher Building Limited has completed the sale of its 13.4% stake in the NX2 Pūhoi to Warkworth toll road public-private partnership for NZ$20.2 million. This sale is part of Fletcher Building’s strategy to simplify its portfolio and concentrate on its core competencies in manufacturing and distribution, marking its exit from equity investments in the Pūhoi to Warkworth toll road and similar public-private partnerships.
More about Fletcher Building Limited
Fletcher Building Limited is a significant player in the construction and building materials industry, focusing on manufacturing and distribution. The company is based in New Zealand and has been involved in various infrastructure projects.
Find detailed analytics on FRCEF stock on TipRanks’ Stock Analysis page.