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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Reuters Investment Profile
Provider: Wright Reports

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Fletcher Building Ltd Announces Unsolicited Offer From Washington Securities Pty Limited

Tuesday, 27 Aug 2013 08:40pm EDT 

Fletcher Building Ltd announced that Washington Securities Pty Limited is making another unsolicited offer to some holders of the Company's shares. The price being offered by Washington Securities is again $5.00 per share which is around 42% less than the opening price of the shares quoted on the NZSX this morning of $8.70 per share. As the offer is significantly less than the current market value of Fletcher Building shares, it is strongly recommended that any shareholder who receives such an offer seek independent advice from a share-broker, accountant or solicitor. 

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