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21 Jan 2026 1:46
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      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


    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

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