Two fund managers central to Fletcher bid for Steel & Tube
Fletcher wants to use a controversial scheme-of-arrangement mechanism.
Jenny Ruth Thu, 04 Oct 2018
Fletcher Building chief executive Ross Taylor says his company has the support of Steel & Tube shareholders owning more than 20% for its proposed takeover offer.
Fletcher’s proposal, priced at $1.70 per share and valuing Steel & Tube at more than $282 million, is that the takeover be via a
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