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23 Sep 2024 21:16
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      Home > News > Business

    Fletcher Building is looking to put its problems in the past, as it aims to raise 700 million dollars

    Fletcher Building is looking to put its problems in the past, as it aims to raise 700 million dollars


    The construction giant plans to issue 292 million new shares for investors, to cut into its 1.8 billion dollar debt.

    Fletcher Building has announced a group net loss of 227 million dollar loss last month.

    NZ Herald Property Editor Anne Gibson says they're looking to put their problematic legacy projects to bed.

    © 2024 Newstalk ZB, NZCity

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    BUSINESS BUSINESS
    Fletcher Building is looking to put its problems in the past, as it aims to raise 700 million dollars More...


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