Fletcher Building makes Higgins case to Commerce Commission

Thu, 18 Feb 2016

By Edwin Mitson Feb. 18 (BusinessDesk) - Fletcher Building has set out its case to the Commerce Commission as it seeks permission from the watchdog to buy roading contractor Higgins for $315 million. The deal to buy Higgins was announced earlier this month but is subject to Overseas Investment Office and Commerce Commission approval. The two companies have worked together on projects for 25 years. In a 64-page document submitted this afternoon, Fletcher argues the deal would let it compete with Fulton Hogan, Downer Group and HEB Constr...

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