News | Business
22 Jan 2026 11:39
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
    •    Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    The share market likes what it sees - as Fletcher Building offloads its construction arm

    The share market likes what it sees - as Fletcher Building offloads its construction arm

    20 January 2026
    The company's struck a deal of up to 334-million-dollars, with French multinational Vinci Construction - subject to regulatory approval.

    The sale's part of Fletcher's signalled move to becoming a manufacturing and distribution business.

    Craigs Investment Partners' Mark Lister says the share price was up more than 2-percent today, despite current global factors.

    He says this is a good result, considering there's been a lot of global uncertainty arising at the moment.

    © 2026 Newstalk ZB, NZCity


     Other Business News
     22 Jan: Back-to-school budgeting a chance for kids to learn financial literacy and empathy
     22 Jan: Positive news for the housing market - as sales and prices are holding steady
     22 Jan: Infometrics is cautiously optimistic about an economic recovery heading into 2026
     22 Jan: Christchurch is rolling out the welcome mat for Australian visitors
     22 Jan: Economists say New Zealand's outlook is improving - but we're not in recovery mode just yet
     22 Jan: The construction sector is building solid momentum, as job ads for the industry rise
     22 Jan: Fonterra's taking its growing organic business south for the first time
     Top Stories

    RUGBY RUGBY
    Tony Brown hopes New Zealand Rugby learns from the process around the 2023 All Blacks coaching appointments More...

    BUSINESS BUSINESS
    Back-to-school budgeting a chance for kids to learn financial literacy and empathy More...


     Today's News

    		 International:
    Donald Trump drops Greenland tariffs threat as he heralds 'future deal' with NATO 11:27

     National:
    NZ is again being soaked this summer – record ocean heat helps explain it 11:17

     Business:
    Back-to-school budgeting a chance for kids to learn financial literacy and empathy 11:17

     Entertainment:
    Robert Irwin "couldn't wait" to leave Los Angeles after winning Dancing with the Stars 11:10

     Soccer:
    Plenty of second half scoring in the final games of Champions League football round seven 11:07

     Rugby:
    Tony Brown hopes New Zealand Rugby learns from the process around the 2023 All Blacks coaching appointments 11:07

     Environment:
    A large slip at Mt Maunganui's Mauao has hit the campsite at the hill's base 11:07

     Living & Travel:
    Race leader Josh Burnett is using cycling's Tour of Southland as a catalyst for his season abroad 10:47

     Entertainment:
    Bella Hadid received "words of wisdom" from her co-stars in The Beauty 10:40

     Entertainment:
    John Wayne dined with Jane Seymour on an airplane before she shot to global stardom 10:10

     News Search




    Power Search

    © 2026 New Zealand City Ltd