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June 29 (Reuters) - Fletcher Building Ltd (FBU) : REACHED...

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    29/06/18
    07:55
    Post #: 34026903

    June 29 (Reuters) - Fletcher Building Ltd (FBU) :

    • REACHED AGREEMENT TO SELL ITS 50 PER CENT STAKE IN SIMS PACIFIC METALS JOINT VENTURE TO SIMS METALS MANAGEMENT FOR NZ$42 MILLION
    • TOTAL PROCEEDS OF DIVESTMENT ARE EXPECTED TO BE BETWEEN NZ$55 MILLION AND NZ$60 MILLION
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