Bankers brush up on Formica's floors and panels
Fletcher Building has invited investment banks to pitch to run the sale of its $1 billion-odd laminates business Formica.
Fletcher Building has invited investment banks to pitch to run the sale of its $1 billion-odd laminates business Formica.
Rail project shows the possibility of prefab - used mainly in the residential construction – to improve productivity in commercial and infrastructure work.
Fletcher Building bought Formica at the top of the market. "They don't read the economic cycles very well," one investor said.
Alcohol sales soared 80 per cent compared with the same period a year earlier, the installation of electrochromatic glass being the only difference.
Fletcher Building CEO Ross Taylor is relieved he doesn't have to deal with a potential takeover from Wesfarmers
Governments need to help engineering contractors assess risks before signing multibillion-dollar infrastructure contracts, Aecom says.
Chevron and its partners in the $US54 billion Gorgon LNG venture have committed a further several billion dollars in investment to sustain offshore gas production for the monster processing plant on Western Australia's Barrow Island.
Wesfarmers' boss Rob Scott proved himself willing to make bold moves but any deal with Fletcher Building would bring risks.
Shares in Fletcher Building have spiked by as much as 15 per cent in early trade on reports Wesfarmers may have taken a small stake.
Trading desks are preparing for a big jump in Fletcher Building shares on Friday, following reports that Wesfarmers has taken a stake in the...
The slowdown in residential construction has begun, as the cranes used to build apartment buildings are replaced by those on commercial proj...
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