Forum Archive Index - June 2000
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[sharechat] Of interest to Fletcher Building investors
Interesting article in the Sunday Star Times today about the fact that it
would be difficult to find a single buyer for Fletcher Building because of
the diverse divisions that is housed within FLB.
Analysts are of the opinion that because of this, FLB would be unappealing
to any single buyer who would have to take on the risk of disposing unwanted
businesses.
Because FLB's business was also overwhelmingly domestic or Australian, it
was not likely to appeal to international buyers beyond Australasia. There
was also no natural buyer readily identifiable in both OZ and NZ at present.
I suggest that FLB investors read the article.
Cheers,
David Thompson
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