Fletcher needs to sell assets or raise capital: fund manager
Prospective buyers will be looking for Fletcher's “jewels.”
Fletcher Building will probably have to either sell assets or raise fresh capital, according to one fund manager.
The head of equities at Nikko Asset Management, Stuart Williams, says he doesn’t think Fletcher will be able to manage its way through the winding down of its troubled
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Jenny Ruth
Mon, 26 Mar 2018
Mon, 26 Mar 2018
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Fletcher needs to sell assets or raise capital: fund manager
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